Waiting as long as you can to claim benefits makes sense. There's a case to be made, however, for claiming Social Security earlier rather than later.

Contrary to viral claims, Social Security has not raised the retirement age to 68. No formal proposal has reached Congress or been adopted.

For example, if you claim at age 62, your payments will be much lower than if you waited. Retirement age increases for beneficiaries. When to claim Social Security depends on your