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Delaying SS may increase lifetime income of LC residents

By TIM MAREMA and ROBERTO GALLARDO

Lincoln County residents who are nearing retirement age can increase their lifetime income if they can wait a bit to start drawing Social Security benefits.

In Lincoln County 1,802 residents, or 17.3 percent of the population, are aged 55 to 64. Those are the years when folks start thinking seriously about retirement.

Workers can start taking Social Security at age 62, but for those who can wait, the benefits go up.

“If you need Social Security early, take it. You’ve earned it,” said Virginia Reno with the National Academy of Social Insurance, a nonprofit org...

 

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