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2. Delaying your Social Security claim until age 70 can boost your annual income by $11,664, unlocking its financial power.
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3. Your age at the time of filing affects the amount of Social Security benefits you'll receive, emphasizing the importance of waiting until your full retirement age.
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4. Ensure you receive your full entitled benefit amount by filing for Social Security at your full retirement age.
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5. Waiting to claim Social Security beyond your full retirement age can result in a permanent monthly bonus of at least 24%, providing larger checks and increased financial security.
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6. Delaying your Social Security claim can make a significant $11,664 difference in benefits, contributing to a more secure retirement
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7. Evaluate the pros and cons of delaying Social Security based on your financial goals and individual circumstances.
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Next steps