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How, and Why, to Build a Social Security ‘Bridge’ With Your 401(k) | Barrons
Photo by Andre A. Xavier on Unsplash

How, and Why, to Build a Social Security ‘Bridge’ With Your 401(k) | Barrons

The Center for Retirement Research at Boston College released a new study saying to hold off on claiming social security until age 70. Assets in a 401(k) account should provide income from age 60-69 while the benefits of social security build. Each year you put off claiming social security, your paycheck increases by 7-8%. Holding off until 70 can increase the amount by 50% or more.

Source: https://www.barrons.com

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