Better not to claim Social Security benefits early

Source: Daniel Bukszpan, CNBC.com

The U.S. economy has made modest gains recently. Consumer confidence rose during the fall, and the stock market has stabilized. Meanwhile, employment appears poised to pick up, and even the housing market is showing glimmers of a turnaround.

But the gains haven’t been enough to make a dent in many people’s long-term pessimism, and their faith in financial institutions has eroded. One such institution is Social Security. In fact, many people now wonder aloud if it will be around much longer.

Financial advisers differ on the severity of the situation, but not on what course of action to take: Don’t do it.

Read Full Article: Better not to claim Social Security benefits early

 

Tags/Keywords

financial, savings, social security, retirement

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