With $11,000 pension and $4,000 Social Security, should you claim early and invest?

A reader with an $11,000 monthly pension is weighing whether to claim Social Security early and invest the proceeds, or delay until age 70 for larger guaranteed payments. Claiming early provides immediate capital but at a reduced monthly benefit; waiting until 70 can boost payments by up to 32%. The best choice depends on health, investment horizon and other income sources.