Are you getting close to retirement and itching to take your Social Security benefits? You may want to wait. The bottom line is: waiting longer to start drawing your benefits pays.

And it seems more people are clued into this fact. According to a new study by Fidelity, only 3 in 10 retirees plan on taking their benefits when they turn 62, the earliest you’re eligible to apply for Social Security. Compare that to 2008, when almost half of retirees planned to start taking benefits at 62, according to Fidelity.

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