Deciding when to start taking Social Security is a big decision, especially as you approach retirement. The age at which you choose to claim benefits can impact your finances for years to come. We asked local residents about their decision-making process and what influenced their choice. Here’s what they had to say.
“I decided to start taking Social Security at 67 because it felt like the right balance between waiting for a larger benefit and still enjoying my retirement years. I wanted to make sure I had enough to live comfortably, but also didn’t want to delay too long and miss out on enjoying my time now. It just felt like the right timing for me.” – Anonymous, Mandarin
“As a financial executive, I’ve carefully considered my options, and I plan to wait until I’m 70 to start taking Social Security. I’m fortunate to be in good health, and I plan to keep working for the foreseeable future. This gives me the flexibility to wait for a larger payout. I always remind others that there’s no one-size-fits all answer. Everyone’s financial situation, health, and retirement goals are different. It’s important to assess your own circumstances. Maybe a person needs the income now or can afford to wait. In any case, they should consult a financial advisor to make the best choice for their situation.” – Amy Witherspoon, Springfield
“I’ve paid into Social Security since I was fifteen and I’m not going to wait around just to get a bigger check later. I don’t know how much longer I’ve got, and I’m not going to let the system dictate when I can enjoy what’s mine. No way. At 61 years old, I’m counting down the days so I can collect my money.” – Jamie Reynolds, Orange Park
For an estimate of your Social Security benefits, visit the official Social Security website at www.ssa.gov. There, you can access your personal benefit estimates and find valuable resources to help you make informed decisions as you plan for your future.
