Quote:
Originally Posted by Dr Winston O Boogie jr
Whether to take you SS at either 62 or 66 is basically a gamble. You are betting on how long you'll live. If you wait until 66 and die at age 65 you lose in more ways than one. If you take it at age 62 and live to be 100, you'll get less money than if you waited until age 66.
Taking it earlier is a more conservative gamble. A bird in the hand is worth two in the bush so to speak.
But everyone has to decide for themselves and factors such as your health, what you can do with the money gotten earlier, your other retirement benefits and others should help you make a decision. Either way is a gamble.
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Dr.Boogie IS a very wise thinker.
In My Humble Opinion..........................TAKE IT EARLY.......