Waiting till 70 is often advised due to longer life spans, but sometimes starting sooner makes most sense.
If there is one piece of advice that financial advisers seem nearly unanimous on, it’s Social Security and when you should take it. If you can, wait till you’re 70. You could double your monthly check.
Granted, it may be good advice, but few people take it. It makes you wonder: Is there a disconnect between financial planners and “real people”?
Source: What age is best to start drawing Social Security? Truth is, it depends.
My Comments: Well, not too long ago, the doomsayers said that Social Security won’t be around for much longer. I kinda take a different view. I believe it will. I believe it will be around for a very long time.