[MinorityRepublican]

Another woman who is 63 years old is itching to retire yesterday but is waiting to be at least 3 or 4 years older for more social security.

Is it worth the wait?

[ChicagoConservative27]

She’s been at the company for 42 years. The only job she’s ever had. She said she could wait

[PAR35]

Is it worth the wait?

It depends. Break even point it around 80 years old if you wait from 62 to 70 to take it. So if you anticpate dieing before 80, take it at 62 or full retirement age.

A second factor is what you need to maintain your lifestyle. By holding off, your lifestyle in retirement will be higher. But if you have $3 or $4 million in a 401k, a few thousand a month less in social security benefits might not be anything to worry about.

[Feckless]

I did the math, 62 vs 67. I would have to live to 80 to break even. I retired at 60. I retired from the Army at 37.

[WVNan]

Yes it is worth the wait.