The Hybrid Approach to Collecting Social Security

Let's say you don't need the money but the Social Security payment would make your monthly expenses easier to swallow.

Try taking the lesser amount when one spouse turns 62 and delaying the larger amount until that spouse turns 70.

Do the numbers (of collecting one or both payments at 62, 66, and 70) or ask your financial planner to calculate them. The results may surprise you.

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