You probably shouldn't wait till 70 to claim Social Security. Here's math to open your eyes (but nobody likes to show)

On paper, it seems rather obvious that the best way to optimize your retirement is to delay claiming Social Security for as long as possible. Must Read According to the Social Security Administration, taking your benefits as early as possible (age 62 for those born after 1960) could result in lower monthly payments. At age 67, you qualify for full benefits, but if you delay your claim until age 70 you could enjoy a 24% total boost to monthly benefits. At 70 your monthly benefit stops increasing. With th ...