You don’t get a 7-8% annual return by waiting to collect Social Security, you get a 7-8% annual increase in each SS check by waiting.
by KillingTime56 The Internet is a buzz with financial advisers and other so called experts talking about the glories of waiting to collect Social Security. DELAY, DELAY, DELAY, they say. They promise a 7-8% “annual return.” But it is not a true annual return. Instead your monthly checks will be 7-8% higher if you delay collecting … Read more