Ask an Advisor: Should I Delay Social Security and Live on My 401(k) and Pension for Eight Years?

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Is it a viable plan to use my 401(k) for the eight years between retirement (age 62) and the max payout age for Social Security (age 70)? I have about $750,000 and I’m planning to take about $1,700 per month. I already have a pension of about $1,500 per month. –Lynne Waiting to file for Social Security in order to take advantage of the delayed credits is a good strategy for those who want to maximize the ...