Kiplinger

The Biggest Social Security Mistake You Can Make

The biggest Social Security mistake isn't taking it too early.

And taking it too late isn't it, either.

It's failing to build a multidimensional plan.

Regular or decaf? Paper or plastic? Take Social Security at age 62 or 70? Some decisions in life are easier than others. Deciding when to take Social Security benefits is one of the most written-about financial topics. Yet, much of the advice is wrong. This is because Social Security discussions tend to focus on maximizing your benefit or hitting a break-even point in terms of "getting the most out of the system."

The Cost of

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