Those who have paid into the Social Security system during their working years have several decisions to make about their retirement. An individual can begin collecting benefits as early as age 62 or as late as age 70, but when you start collecting benefits will affect the amount of money you get. And there are other things to take into consideration, including spousal benefits, that could dramatically change the total amount you receive in benefits.
Joining us to look at the ins and outs of Social Security retirement areDr. Laurence Kotlikoff, professor of economics at Boston University and co-author ofGet What's Yours - the Secrets to Maxing Out Your Social Security; and, local investment advisor Chris DeSimio.