Fidelity Survey® Finds More Americans Waiting Later to Claim Social Security; Only 28 Percent of 61-

Fidelity Investments press release ------ What a difference a decade makes—including, it seems, when it comes to Social Security. According to the latest Fidelity Investments® Social Security IQ Survey, today's pre-retirees (ages 55-61) are far less inclined to begin taking Social Security benefits at 62, the first year Americans become eligible to apply—a marked contrast to when the survey was last conducted in 2008. This year, only 28 percent of those aged 61 are planning to claim Social Security benefits as early as possible, which represents a significant decline from 2008, when nearly half (45 percent) of those surveyed were planning to start collecting immediately. One thing hasn't changed, however: the need for a greater understanding around the basics. In fact, when asked to state how much their expected Social Security payments would be, only 14 percent of pre-retirees knew how much and nearly twice as many (26 percent) had no idea. To learn more click on the picture below to read the article.