Ask Terry Questions Social Security Benefits

Social Security Benefits

By Terry Savage on April 09, 2024 | Financial Planning / Retirement

Hi Terry,
Listener on John Williams ,
I am at full retirement age 66 & 6 Months still working earning $65000 yr.
Should I take benefits now and pay off mortgage of $47000 in 2 years, my only debt ?
or wait 3 years to 70 to collect $500 more per month ? Thank You

Terry Says

DEFINITELY and without doubt, delay taking SS until age 70 — the money AFTER you reach age 70.

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