Originally Posted by OlTimer
Originally Posted by Irishguy
Here's the thing about the "break even age" let's just say that you live a long a fruitful life and live beyond that age... What have you gained?

It's still better off to take it early and retire as early as you can and enjoy life before you ever get to old age.

Agree with this as well.


Here's a couple of things about that most people don't mention, cost of living increase not withstanding...

1. Let's just say you start taking at 62 vs 70. Well, that's 8 years that you are getting money that you wouldn't get otherwise, and that money you get today is worth more today than it will be tomorrow because of inflation.

2. The second thing is that money you get today, whatever it is, allows you to, (if you are smart enough to have a nice 401k plan or investments,) leave your investments earning money for you and taking advantage of compound interest, allowing that money to grow way more than the shitty growth rate of your SS payment increase.

Last edited by Irishguy; 11/12/25 07:24 AM.
"When I say ever thing I mean ever thing." - Frankie