New article: 4 Percent Withdrawal Rate May Be Too High for Today's Retirees

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4) If we are heading into a rising rate period (and rising taxes) then deferring Social Security until you really need it (to get the max benefits) might be a good idea for some.

If you don't "need" the cash flow, it benefits almost every healthy individual to defer to age 70. It's the cheapest annuity you can buy especially at these low interest rates. Plus, it's backed by the US government which I trust more than a cash flow promised by an insurance company.

For high earning males married to low earning females, it's the best way to increase to payout for waiting.

 

[teejayevans]

Here is some historical perspective on the recent stock market declines :

I think if you adjusted the chart for inflation it would make it a more linear increase.
TJ

 

[gerntz]

If you don't "need" the cash flow, it benefits almost every healthy individual to defer to age 70. It's the cheapest annuity you can buy especially at these low interest rates. Plus, it's backed by the US government which I trust more than a cash flow promised by an insurance company.

For high earning males married to low earning females, it's the best way to increase to payout for waiting.

yep.

 

[CyclingInvestor]

I think if you adjusted the chart for inflation it would make it a more linear increase.
TJ

I agree. I would have liked one that corrected for inflation and dividends, but could not find one covering a long time period (in the 1 minute I searched).