Originally Posted by joeea
Just curious... 62 and 5 months is an unusual time to start Social Security benefits.
Is that because it's the first month you are eligible but won't be working?
Have you considered delaying the start of your benefits, or do you need the money immediately?
And if the latter, why are you retiring in January?
I work in a union manufacturing environment with a contract that expires in March (Vacation will take me to March 1st).
The new contract is not going to be better than previous one. The company eliminated retiree healthcare last contract, and replaced it with a Health Reimbursement Account based on years of service. I'm getting out while the getting is good!
My plan has always been to draw my social security early. I have a pension along with a decent retirement portfolio. We plan on traveling extensively as well as "Snow Birding" in the winter, so we want to have all of the funds available to us to enjoy the active years.