Money magazine lists . This is the last one of the group I've been posting on the last few days. Here goes:
Dilemma #6: Take Social Security early OR late
Money's suggestion: If you're healthy and don't need the cash, wait.
My take: This is a long way off for me, and I'm counting on absolutely nothing from Social Security as I save for retirement.
That said, I think at this point we'd take advantage of the hybrid Social Security strategy for couples. And if it ends up that this won't work, I think we'd wait to take Social Security. We won't need the money, so we'd be willing to bet on the fact that we'd live longer and get more benefits in the long run.
FMF posts related to this topic: An Interesting Strategy for Taking Your Social Security Benefits, When to Take Social Security
What's your take on this issue?