Reported about 2 months ago
A man explores the advantages of delaying Social Security benefits while having $1 million in a 401(k) and a pension. Delaying Social Security can maximize monthly benefits by up to 24% at age 70, but this decision requires careful consideration of living expenses and potential withdrawals from retirement savings. A financial advisor can help assess income sources, expenses, and the pros and cons of claiming Social Security at different ages.
Source: YAHOO