Personally, I find the decision for when to take SS much harder cuz I think one should factor in other variables such as what would taxes do at FRA vs 70 when RMDs hit. Depending on deferred account balances, that 'double whammy' could be a factor - maybe, just maybe it makes more sense to draw SS at FRA so that your payment is lower and at age 70 your AGI won't bump you into the next marginal tax bracket when RMDs hit.
And how does what age you select SS effect your WR?
Maybe, just maybe it makes more sense given ones savings vs expenses to take SS earlier to reduce your WR and what effect that will have on savings longevity.
Still...at this point I'm with the other lemmings - going to file and suspend -start at 70.
And how does what age you select SS effect your WR?
Maybe, just maybe it makes more sense given ones savings vs expenses to take SS earlier to reduce your WR and what effect that will have on savings longevity.
Still...at this point I'm with the other lemmings - going to file and suspend -start at 70.
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