Why Social Security still matters (and when to use it)

Description

Abstract: Although no one should depend solely on Social Security for retirement, many people go the opposite route and discount its value entirely. The truth likely lies somewhere in between: Social Security still matters as a way to supplement a nest egg, but it’s important to do that supplementing at the right time. This article looks at the pros and cons of collecting retirement benefits earlier or later than the normal retirement date, depending on one’s individual circumstances.