No Simple Answer to Question on When to Claim Benefits

Dear Rusty: I’m almost 59 and hope to retire from working soon. Should I take Social Security as soon as possible, or wait for the maximum amount? Signed: Planning Ahead

Dear Planning Ahead: I’m afraid there’s no simple answer to your question, except “it depends.” It depends on your health; it depends on your need for the money when you retire; and it depends on your life expectancy. Plus, your ma…