Derek Tharp is an associate professor of finance at the University of Southern Maine, the founder of Conscious Capital and head of innovation at Income Lab. On October 5th, Professor Tharp published an editorial in the Wall Street Journal entitled, “Why Delaying Your Social Security Benefits May Not Make Sense.”
I’ve spent years pointing out that, for the vast majority of workers, delaying Social Security through age 70 is the optimal strategy. Hence, I feel compelled to respond to Professor Tharp.