Quote:
Originally Posted by LoisR
Start taking SS at 62. Waiting until full retirement age to start SS means youl will have to live to approx 80 years old to make up for the years you didn't take SS. How many people do you know who passed before reaching 80?
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Be careful! If you are getting Obamacare tax credits to help pay for health insurance between the age of 62 and 65, taking early SS could put you over 400% of the FPL and wipe out your tax credits, costing you thousands of dollars. Every situation is different.