Question

Which statement about delaying retirement until age 70 is true?
A. All retirees receive the same Social Security benefits regardless of
when they retire.
B. Monthly payments will be higher for those who delay retirement.
C. There is no advantage in waiting beyond the full retirement age to
receive Social Security benefits.
D. People will have less savings in other retirement accounts.

Answer 1

Monthly payments will be higher for those who delay retirement.

Option B

Retirement account

On  seeing 292 different retirement income strategies, A research showed that the best way to retire is called  spend safely in retirement strategy

Which sees Monthly payments  are higher for those who delay retirement and still has more in there retirement account

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