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4 weeks ago

Why claiming Social Security early out of fear that the program will run dry is 'bad advice,' Suze Orman says

As anxiety mounts over the long-term solvency of the Social Security trust funds, a growing number of Americans are rushing to claim their benefits early out of fear that the program will run dry.However, personal finance expert Suze Orman warns that following this viral advice will lock retirees into a permanent financial penalty that cannot be undone."There’s been some chatter on social media lately about Social Security that I think is bad advice," Orman wrote earlier this month on her website. "The message is that you are better off claiming as early as possible — at age 62 — rather than w...