Most retirees depend on Social Security, but when to claim is crucial. You can claim between 62-70, but claiming before full retirement age leads to smaller benefits, while after increases them. Studies show claiming at 70 maximizes lifetime benefits. 57% get more wealth by waiting, missing out on $111,000 otherwise. Claiming at 70 can increase lifetime spending by 10.4% and household wealth by $182,370. Working until 70 or smart investing is key. Learn “Social Security secrets” to boost retirement income. Don’t leave money on the table in retirement.

Read more at Yahoo Finance: Are You Better Off Taking Social Security at 62 or 70? The Data Is Clearer Than You’d Think