Would it make sense to delay your Social Security benefits if you postponed retirement?

If you change your retirement date, it's time to reevaluate your financial plans, including when you will claim Social Security. 

Delaying benefits for a while can have some real benefits, especially if you don't need them immediately.

Delaying Social Security primarily increases people's checks for every month they delay, 

at least until they reach their maximum benefit at 70. 

There are, however, a lot of people who can't delay their benefits because they 

Cannot afford to do so - they need them to make ends meet.

It doesn't pay to wait in some situations. Find out what you need to know to make the right decision.

The case for delaying Social Security and retirement

In the event that you choose to delay retirement, and you have a paycheck to pay your bills,

you might be able to put off Social Security for a while.

You may be able to avoid the earnings test by delaying Social Security. 

People under full retirement age (FRA) who are still working and claiming benefits are affected by this. 

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