[sorry for lengthy note]:
Rather than commit thread creep of my own thread about the FA, I thought I'd start a new one. In the days prior to the scheduled meeting with that FA, I did some simple "what-ifs" with different filing date scenarios.
Sure, if I went back to work until age 80, and then collected Social Security until age 150, I'd be way ahead of the game. But even when I factored in real world scenarios, the difference was not so great that it mattered.
Like most, or all, of us on this site DW and I are financially secure. So, whether I ultimately collect an aggregate gazillion dollars in SS benefits, or some percentage less than that, it really doesn't matter,
At some point, we have to ask "what price glory?" If I die early and in hindsight should have filed sooner, I won't know 'coz I'll be dead. And if I outlive projections and [in hindsight] should have filed later, living longer sure is nice alternative compensation. Either way, the money difference won't impact our lifestyle
Last year, DW and I talked about me collecting as of my 63rd birthday in August. We decided that it would be better to wait, and revisit the issue for age 64 August 2016. We're now going to wait one more year to 2017.
That decision was right for us, and we're comfortable with it. Surprise, surprise didn't need any FA to figure it out.
Rather than commit thread creep of my own thread about the FA, I thought I'd start a new one. In the days prior to the scheduled meeting with that FA, I did some simple "what-ifs" with different filing date scenarios.
Sure, if I went back to work until age 80, and then collected Social Security until age 150, I'd be way ahead of the game. But even when I factored in real world scenarios, the difference was not so great that it mattered.
Like most, or all, of us on this site DW and I are financially secure. So, whether I ultimately collect an aggregate gazillion dollars in SS benefits, or some percentage less than that, it really doesn't matter,
At some point, we have to ask "what price glory?" If I die early and in hindsight should have filed sooner, I won't know 'coz I'll be dead. And if I outlive projections and [in hindsight] should have filed later, living longer sure is nice alternative compensation. Either way, the money difference won't impact our lifestyle
Last year, DW and I talked about me collecting as of my 63rd birthday in August. We decided that it would be better to wait, and revisit the issue for age 64 August 2016. We're now going to wait one more year to 2017.
That decision was right for us, and we're comfortable with it. Surprise, surprise didn't need any FA to figure it out.