Ask Stacy: Should I Wait Until 70 for Social Security?

Which is better: getting your Social Security benefits at the first opportunity, or waiting until you're 70? The answer: It depends.

Stacy Johnson • December 15, 2017

Welcome to “Ask Stacy,” a new video feature on Money Talks News. Most weekdays, I’m doing short videos to answer a money question sent in by a reader or viewer. (Learn how to send in a question of your own below.)

Today’s question is about Social Security, specifically, whether you should you take it as soon as you can get it, or get a bigger monthly check by waiting until you’re 70.

Click “play” and see what I think.

For more on this topic, see “14 Ways to Maximize Your Social Security Checks.”

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The questions I’m likeliest to answer are those that will interest other readers. In other words, don’t ask for super-specific advice that applies only to you. And if I don’t get to your question, promise not to hate me. I do my best, but I get a lot more questions than I have time to answer.

About me

I founded Money Talks News in 1991. I’m a CPA, and have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Got any words of wisdom you can offer on this week’s question? Share your knowledge and experiences on our Facebook page. And if you find the information useful, please share it!

Got more money questions? Browse lots more Ask Stacy answers here.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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