Delaying social security payments until 70 years of age when they max out is a desirable choice — if you can swing it. Using a ‘bridge’ strategy until you take social security payments can literally pay off by maximizing the benefits you will receive.
If you aren’t sure about the bridge strategy, check out this Q&A by reading the article Social Security ‘Bridge’ Q&A: Answers to Your Questions About the Retirement Income Strategy on Barrons.com.
