(Wall Street Journal) For an investment return that tops those offered by hedge funds, insurance firms or Wall Street banks, baby boomers should look to Social Security.
That's right: The same math that is driving Social Security costs higher can provide fat returns for people approaching retirement. All you need is a way to make ends meet while delaying the start of Social Security benefits from age 62 to as late as 70.
Sure, those who defer will miss a bunch of checks in the early years—but then will lock in bigger payments for life. This trade-off can be calculated as an investment return, just like a bond yield.
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