If I Could Tell All Retirees 1 Thing About Social Security in 2025, I'd Say to Do This Before You Claim Benefits

Is retirement on your radar? Maybe you're even planning to permanently leave the world of work in the coming year. If so, congratulations! You've certainly earned the right to focus on yourself rather than your job.Before calling it quits and initiating your Social Security retirement payments in 2025, however, there's one thing you'll want to do -- weigh the financial cost of claiming benefits now instead of waiting.You can begin receiving Social Security benefits as early as 62 years of age. However, you won't be receiving as much money as you could be. Anyone waiting until their full retirement age (between 66 and 67, depending on birth year) will see bigger monthly checks.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool