By Catherine Siskos, From Kiplinger’s Personal Finance Q: It’s often said that Social Security benefits increase annually by 8 percent every year that someone waits. Many financial experts use this figure too, but I found the 8 percent assumption to be false. Are there any reasons why someone who waits wouldn’t see an 8 percent bump…
Ask Kip: Here’s How Postponing Social Security Changes Your Benefit
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