Replies

I will take SS on the very first day that I am eligible and invest it every month. I expect to live another forty years and I am beginning to relish the thought that some of the x-slackers here will be getting up everyday so I can golf.

If you are healthy, why wouldn't you elect to wait until age 67 and take the higher payout? Have you run the numbers?

-ccm

If you are healthy, why wouldn't you elect to wait until age 67 and take the higher payout? Have you run the numbers?

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Yes, I would not break even until I hit 78. Since my plan is to invest the entire payment during the first four years (my numbers are 62 and 66) then that break even date will be pushed well into my eighties. If I die during that time my wife gets the full payout anyway. I'm not going to need the money to live so I won't feel the decrease as some others might.

I also suspect that the payments will be reduced at some point in my 70s and taking those fur years could deflect some of that loss.