Back to today’s briefing

Story perspectives

Delay Social Security Benefits to Age 70 for Maximum Payouts

12/9/2025

40 8 Full Breakdown

Summary

Story summary

Experts recommend delaying Social Security benefits to age 70 to maximize payouts, since benefits increase each year after the full retirement age of 66 or 67.
In 2024, only 8% of new claims were filed by people who waited until 70, while most retirees claim at age 62 for financial reasons.
David Blanchett from Prudential Financial notes that many retirees struggle to make ends meet, making delaying benefits difficult.

1 of 1

Story summary

Experts recommend delaying Social Security benefits to age 70 to maximize payouts, since benefits increase each year after the full retirement age of 66 or 67.
In 2024, only 8% of new claims were filed by people who waited until 70, while most retirees claim at age 62 for financial reasons.
David Blanchett from Prudential Financial notes that many retirees struggle to make ends meet, making delaying benefits difficult.