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Investment Return From Delaying Social Security? Sure Beats TIPS

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A lot of people claim their Social Security benefits at the earliest possible age of 62. Social Security Administration data which I’ve worked with showed that 50% of beneficiaries in 2004 had done this. Though I don’t know what that number is today, I hope it is decreasing. That’s because there is a growing recognition that delaying Social Security can be a very effective strategy to extend one’s nestegg in retirement. Let me explain the basic logic of how this works.