The Two Dumbest Reasons for Taking Social Security Early

Especially if you are retiring on a shoestring

Mel Schlesinger
Crow’s Feet

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Earlier today I read one of those articles about the best time to take your Social Security. This article was entitled: “’It’s Already Highway Robbery.’ Why People Don’t Wait to Claim Social Security and What Experts Say”. It was one of the few articles that I have agreed with.

I am writing this article because I have seen two of these reasons repeated over and over again. In my opinion, these are the two dumbest reasons for taking Social Security early.

NOTE: If you are one of the few Americans with a pension and/or have such significant retirement savings that a prolonged market downturn cannot derail your retirement, you can skip this article.

Two Great Reasons for Taking Social Security Early

There are two great reasons for taking Social Security Earlier than age 70.

The first reason is because you do not have a choice. There are many reasons why you may not have a choice. You could be one of those people who were downsized out of a job and have been unable to find replacement work. Or at least, unable to find work that could replace your previous income.

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Mel Schlesinger
Crow’s Feet

Sort of retired. I am obsessed with happiness. As I write the last chapter of the story of my life, I want to share ideas on being happy.