Join Early Retirement Today
Thread Tools Search this Thread Display Modes
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.

springnr is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
When should survivor take social security benefits zjoe FIRE and Money 6 09-23-2012 11:33 AM
when should you take social security article veremchuka FIRE and Money 117 02-21-2011 05:04 PM
At what age will you take Social Security? retire@40 FIRE and Money 39 10-05-2006 12:58 PM
Social Security-Take It Now Or Later? haha Other topics 22 10-08-2004 03:36 PM


All times are GMT -6. The time now is 11:34 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.