wintergolf
Confused about dryer sheets
- Joined
- Feb 11, 2008
- Messages
- 6
I have a decision to make concerning a pension I can begin drawing now or wait and receive about 4% more per year until age 62 when it would be at it's maximum level. In other words there is a 4% per year (actually .33% per month) penalty for getting it between age 55 and 62. This isn't a large pension and will only be about 12 to 15% of our total combined pension. We don't expect to really need the income at this time.
I may be looking at this the wrong way but I feel it would be right to collect it as soon as possible and if not needed save or invest it.
Any ideas?
This pension has no COLA
I may be looking at this the wrong way but I feel it would be right to collect it as soon as possible and if not needed save or invest it.
Any ideas?
This pension has no COLA
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