Delaying Social Security as a hedge against inflation
Inflation is currently running at the highest rate in 30 years. The issue of how long it lasts is being hotly debated. If you asked a financial advisor what a worst-case economic situation looks like for retirees, many would describe something like the 1970s when inflation was high and investment returns were very poor. It turns out that delaying Social Security can be a good hedging strategy against this type of scenario.