Finance Dave
Thinks s/he gets paid by the post
- Joined
- Mar 29, 2007
- Messages
- 1,861
I sense sarcasm in your response. I'm sorry you feel you have to attack people that way.Yeah, everything is easier if you know just when you are going to die. But nobody does, hence the use of actuary tables. Despite what age your grandparents lived to, all it takes is for one 18-wheeler to cross the centerline to mess up your calculations.
I did not say that you needed to know when you were going to die. I think many people have an indication of whether they will live longer than the average. Do you have a lot of family ancestors that lived long lives? Do you have diabetes? Are you obese? Do you exercise regularly? Are you a smoker? Heavy drinker? The list goes on. Putting some thought to these things will give you an indication (not a guarantee) of whether you will live longer than the average, and therefore when you should take SS.
I did not think it was necessary to fully explain the above, but now I hope my post becomes more helpful.