Delay Social Security to Age 70

Delaying Social Security to age 70 is the highest-returning longevity guarantee available to retirees. Each year beyond 62 boosts your benefit by 8%, producing a monthly check 76% larger — nearly $1,300 more per month at the average earnings level — than claiming at the earliest age. This risk-free annual increase substantially outperforms the average market yield on bonds, and when paired with #6's bucket strategy, it provides guaranteed income through the longest retirements.