Social Security benefits can have a significant impact on your retirement. Many retirees will rely on their monthly checks for a substantial amount of income during their senior years, so choosing the right time to claim is critical.
There’s no one-size-fits-all approach to claiming Social Security. Some people may be better off claiming earlier in life, while others will benefit from waiting a few years. Regardless of your age, though, there are a few signs you may be ready to file for benefits next year.