Northwestern Mutual

Not So Fast: It Pays to Delay Taking Social Security

Learn how taking Social Security before full retirement age can greatly impact your income.   

Claiming Social Security before your “full retirement age” will permanently reduce your lifetime benefit and could significantly impact your income in retirement. But by exactly how much? This video explains your “full retirement age” and the impacts of retiring before, at, and after that period.

Want to learn more? Download our guide, Social Security Simplified: Select the Right Options to Help Maximize Your Income, to make more-informed decisions around your Social Security benefit, including:

  • Your options for claiming Social Security.
  • How each option can significantly affect your benefits.
  • Five key considerations when evaluating your Social Security options.