When to Start Collecting Social Security

A big decision for senior citizens is when Social Security funds should be received.  Is it better to wait until mid to late 60s to get bigger monthly payments or start collecting when eligible at 62?  Joe Mullenax of Allegany Business Consulting gave his decisive advice Friday on the Dave Norman Show…

“When you draw at sixty-two versus sixty-five you’re putting money in your pocket, and let’s just do sixty-two versus sixty-five.  So, you had three years of money in your pocket ahead of if you had waited.”