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Old 09-02-2014, 01:56 PM   #21
Recycles dryer sheets
Join Date: Dec 2013
Posts: 366
Originally Posted by Cut-Throat View Post
The Social Security Calculator. (The detailed one, with a record of all earnings) gives me a "Delayed increment Factor" of 1.20 for age 69 1/2. Not 1.28. ----
So, this is because as you stated in your first post.- "If you retire before age 70, some of your delayed retirement credits will not be applied until the January after you start benefits. " So, The Calculator was using 1.20 instead of 1.28
Social Security Detailed Calculator
When I saw that quote on the SS site a red flag went up. My preference is to do the figuring myself, but in this case they make the rules. I appreciate the hint on how to see it implemented by using their calculator, even if I was slow on the uptake. Thanks

Originally Posted by pb4uski View Post
[(1.28*6)/(1.32-1.28)/12]+70 = 86
[(1.28*6)/(1.32-1.28)/12]+70 = 85 & 364 days
As Mister 69.5 took some time off for a cold one and to enjoy the scenery, because with 70 out front the rest of the way to the finish line, his view was never going to be better.

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