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Deferring Commencement of Social Security Benefit is OK But Deferring Retirement is Better
Ken Steiner, FSA Retired
Apr. 29, 2014
"Deferring receipt of Social Security may be able to get you a little more retirement income (depending on assumptions employed and actual experience), but if you really want more retirement income, you need to defer both your retirement and Social Security benefit commencement date. This strategy works for you in two ways -- it should increase your accumulated retirement nest egg and it reduces the expected payout period."
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