Skip to content

Is It Time To Rethink The Calculus On When To Collect Social Security?

2019-09-27 20_40_15-Woman Writing on a Notebook Beside Teacup and Tablet Computer · Free Stock PhotoWhen Social Security’s trustees issued their annual report on the program earlier this year, it forecast that costs will exceed income next year for the first time since 1982 and that, if no action is taken, the program will run out of money by 2035. Given this, is it time to rethink the common financial wisdom that says it’s best to delay collecting Social Security in order to receive higher benefits? Might it now be wiser to start collecting Social Security early? CLICK HERE.