Mike Piper: Delaying Social Security Not Always a Good Deal

<p>Our guest on the podcast today is Mike Piper. He is the author of several personal finance books, including <em>Social Security Made Simple</em>, <em>Taxes Made Simple</em>, <em>Accounting Made Simple, </em>and<em> Can I Retire?</em> His blog, Oblivious Investor, covers Social Security, taxes, and investing. Piper has also developed a free tool for exploring Social Security-claiming decisions called Open Social Security. He is a certified public accountant. </p></p><p><h2>Background</h2></p><p><p><a href="https://www.bogleheads.org/wiki/Mike_Piper" target="_blank">Bio</a></p></p><p><p><a href="https://www.amazon.com/Mike-Piper/e/B002BMBR3O%3Fref=dbs_a_mng_rwt_scns_share" target="_blank">Mike Piper's Books</a></p></p><p><p><a href="https://obliviousinvestor.com/" target="_blank">Oblivious Investor</a></p></p><p><p><a href="https://opensocialsecurity.com/" target="_blank">Open Social Security</a></p></p><p><h2>Social Security</h2></p><p><p>"<a href="https://obliviousinvestor.com/how-is-social-security-taxed/" target="_blank">How Is Social Security Taxed?</a>" by Mike Piper, Oblivious Investor, Jan. 1, 2019.</p></p><p><p> "<a href="https://www.morningstar.com/articles/984846/does-delaying-social-security-deliver-an-8-return">Does Delaying Social Security Deliver an 8% Return?</a>" by Christine Benz, Morningstar.com, May 14, 2020. </p></p><p><p>"<a href="https://retirementresearcher.com/philosophy-of-social-security-claiming-strategies/" target="_blank">Philosophy of Social Security Claiming Strategies</a>," by Wade Pfau, Retirement Researcher. </p></p><p><p><a href="http://www.socialsecuritysolutions.com/index.php" target="_blank">Social Security Solutions</a></p></p><p><p><a href="https://maximizemysocialsecurity.com/" target="_blank">Maximize My Social Security</a></p></p><p><p>"<a href="https://www.morningstar.com/podcasts/the-long-view/73">Steve Vernon: 'Older Workers Become Targets' in Tough Economic Environments</a>," <em>The Long View</em> podcast, Morningstar.com, Sept. 9, 2020.</p></p><p><p>"<a href="htt