Rothman
Recycles dryer sheets
- Joined
- Apr 30, 2013
- Messages
- 252
I think Rayvt's question gets at the point, the reason we will delay benefit is because 1) we can afford to do so 2) the monthly benefit increase provides a cola adjusted longevity insurance for the delay.
I think my answer to the question is yes, given my health situation has not changed I would continue to delay benefit for the increased benefit. Now since I filed and suspended at FRA I always have the option to request the big lump sum from a prior date. I think the system is fair as the government increase is based on actuarial tables, why it's often quoted as actuarially neutral, but as a healthy person with longevity genes I get an advantage relative to the population who makes up the actuarial distribution.
Sent from my iPad using Early Retirement Forum
I think my answer to the question is yes, given my health situation has not changed I would continue to delay benefit for the increased benefit. Now since I filed and suspended at FRA I always have the option to request the big lump sum from a prior date. I think the system is fair as the government increase is based on actuarial tables, why it's often quoted as actuarially neutral, but as a healthy person with longevity genes I get an advantage relative to the population who makes up the actuarial distribution.
Sent from my iPad using Early Retirement Forum