{"id":55771,"date":"2025-01-25T11:15:46","date_gmt":"2025-01-25T11:15:46","guid":{"rendered":"https:\/\/innodebt.com\/?p=55771"},"modified":"2025-01-25T11:15:48","modified_gmt":"2025-01-25T11:15:48","slug":"how-and-why-i-delayed-my-social-security-until-age-70","status":"publish","type":"post","link":"https:\/\/innodebt.com\/?p=55771","title":{"rendered":"How And Why I Delayed My Social Security Until Age 70"},"content":{"rendered":"
\n

I\u2019ve been well aware of the significant financial advantages of waiting to start my Social Security benefits until age 70, having written and researched about the transition into retirement for the past twenty years. But until my wife and I were actually approaching our retirement years, this awareness was just in my head\u2014I didn\u2019t have the first-hand emotional experience that results from having to wait for a significant source of retirement income.<\/p>\n

Like many people, just having the knowledge about what\u2019s best for me doesn\u2019t always convince me to make the right decision. Over the years, I\u2019ve learned about the importance of paying attention to my emotions surrounding important financial decisions. Here I\u2019ll share how<\/em> I waited for my Social Security benefits until age 70, as well as the reasons why.<\/em><\/p>\n

How I Waited Until Age 70 To Start Social Security<\/strong><\/h2>\n

My wife and I enjoyed a fulfilling, semi-retired life through our late 60s that involved working enough to pay for our living expenses while still having plenty of time to enjoy our grandchildren, travel, work on improving our health, and pursue our interests. We didn\u2019t miss my Social Security income, and we didn\u2019t feel deprived.<\/p>\n

<\/fbs-ad><\/p>\n

We carefully adjusted our living expenses so that we could be satisfied with less income compared to our working years. It also helped that we had some control over the hours we worked and that our work involved helping people. Both of these conditions helped us enjoy our semi-retirement more.<\/p>\n

We Didn\u2019t Accept Common Reasons To Start Social Security Early<\/strong><\/h2>\n

While we considered the common reasons people start Social Security early, we decided they didn\u2019t apply to us. Here are some of these common reasons that we decided to ignore:<\/p>\n