When Is the ‘Right’ Time to File for Social Security Benefits?

Author Mike Piper discusses when it makes sense to claim Social Security early and when delaying is advisable.

Christine Benz

May 5, 2021

Many consumers have heard the advice to delay claiming Social Security until later in life–past age 62 and perhaps up until age 70–with the goal of claiming a higher lifetime benefit.

But is delaying Social Security always advisable? Not necessarily. In a recent episode of The Long View podcast, author Mike Piper shared instances when claiming earlier is advisable, as well as when claiming benefits later makes sense. He also discussed the free tool he created to help with Social Security claiming decisions, Open Social Security. Piper writes the popular Oblivious Investor blog, and he is also the author of several books about Social Security, taxes, and retirement, including Can I Retire?, Social Security Made Simple, Investing Made Simple, and Taxes Made Simple.

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