Hello to all,
This probably has been discussed in the past but I didn't find anything with a search.
When a person retires early and stops paying into S.S. for say 7 to 10 years before reaching age 62. Wouldn't this dictate drawing your S.S. as soon as you become eligible. I see a lot of discussions (on the net) about waiting until 70 years old to get the most money. I'm not so sure that is the smart way to go if zero's are piling up on the calculation S.S. will use to figure your monthly check? Each year a person isn't working, don't you get a zero added to the way S.S. will be calculated?
Thanks for help,
Steve
This probably has been discussed in the past but I didn't find anything with a search.
When a person retires early and stops paying into S.S. for say 7 to 10 years before reaching age 62. Wouldn't this dictate drawing your S.S. as soon as you become eligible. I see a lot of discussions (on the net) about waiting until 70 years old to get the most money. I'm not so sure that is the smart way to go if zero's are piling up on the calculation S.S. will use to figure your monthly check? Each year a person isn't working, don't you get a zero added to the way S.S. will be calculated?
Thanks for help,
Steve