Quote:
Originally Posted by CoachKandSportsguy
its now common advice from CFPs for people who have large 401K savings from many years of employment. And the years of investments since 401Ks have evolved have been very good ones. . . and people working part time after 65 learned from their depression era parents. . . don't always need to take it right away.
max social security start is now 69 i believe, and you are thinking that majority of people will die between 65 and 69? The median age of death is approximately 78. If you believe that you will die prior to 70, I agree, but if you only have 4 more years to live assuming you are in good shape from outside living in the villages, you've got bigger issues than money. But waiting gives you a higher income during your largest decade of active traveling. . . (phrased analytically to support my thesis) 
so I am not sure I understand how you get to your generalized answer. . . |
No, No, No silly boy, Trix are for kids.
Not assuming they die by 70.........even thou a lot do.
If you do a spreadsheet, (as an example) a couple can take in a couple hundred thousand dollars during the period from early SS to late SS. As a result, at 71 they have over $300k more in saving. Now........how long before the late SS catches up with the early SS and eliminates the $300k pot???? The answer: Well past most people's life expectancy.