PT - JOURNAL ARTICLE AU - David Laster AU - Anil Suri ED - Scott, Cathy TI - Practical Applications of When Should You Claim Social Security? AID - 10.3905/pa.2015.2.3.093 DP - 2015 Jan 31 TA - Practical Applications PG - 1--5 VI - 2 IP - 3 4099 - https://pm-research.com/content/2/3/1.11.short 4100 - https://pm-research.com/content/2/3/1.11.full AB - 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—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—Head of Retirement Strategies at Merrill Lynch Wealth Management —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’s co-written article in The Journal of Retirement , When Should You Claim Social Security?