@article {Laster1, author = {David Laster and Anil Suri}, editor = {Scott, Cathy}, title = {Practical Applications of When Should You Claim Social Security?}, volume = {1}, number = {JOR}, pages = {1--5}, year = {2015}, doi = {10.3905/pa.2015.1.jor.093}, publisher = {Institutional Investor Journals Umbrella}, abstract = {When Should You Claim Social Security? David Laster Anil Suri Your decision on when to claim will have direct and lasting impact on three key retirement risks{\textemdash}longevity, inflation and market risk.Yet, you are likely unaware of the power you have to mitigate these risks by adopting a carefully crafted Social Security claiming strategy. To put it in dollar terms, you and your spouse could be leaving up to $150,000 on the table by not thinking this through before you claim benefits.In this report and accompanying video interview, David Laster{\textemdash}Head of Retirement Strategies at Merrill Lynch Wealth Management {\textemdash}illustrates the potential impact of waiting to claim Social Security. He shares insights that will help you think about your own claiming strategy. For a deeper understanding, read David{\textquoteright}s co-written article in The Journal of Retirement , When Should You Claim Social Security?}, issn = {2329-0196}, URL = {https://pa.pm-research.com/content/1/JOR/1.4}, eprint = {https://pa.pm-research.com/content/1/JOR/1.4.full.pdf}, journal = {Practical Applications} }