Recent content by Boston_Bulldog

I have a created a simple spreadsheet that shows the timing of a Social Security benefit of $2,000 at full retirement age and the cumulative cash flows by taking the benefit at various ages. I show the cumulative cash flows with three different assumptions: 1) assuming a 0% rate of return on...

I posted a spreadsheet and some commentary (above) a couple of weeks ago for which I have some revisions. Unfortunately, the Forum does not allow me to modify a previous post or take in down, so I am going to post a new sheet in the next post with some commentary.

Not necessarily. Many live a "comfortable" lifestyle but when they are able to have an additional $1,500 or 2,000 a month, they can then do the things on their bucket list. An age 62 may enable some to ha e the income for travels, for a gift to their kids or grandkids or to indulge in things the...

This is my current thought was well. I would rather take st 62 and use it right away and even invest it into higher yielding investments.

Great. Just didn't want to take over the original intent. The more the merrier!

Good question. Yes, I modeled rates of return from 0% (spend immediately) to 10% (invest in sexy investments). At a 0% return, age 75 is when an age 70 distribution pays out and starts passing the age 62. Again, there is no scenario, at any rate of return, where age 63-67 distribution makes...

As an FYI, I did not hijack this post. I posted this as a SEPARATE post, not knowing about this post and the Mods moved my post embedded into this one... Mods, while this is a similar topic, not real sure why you made my original post a reply to the OP's post.

Take Social Security at 62 or 67? The "Best Case" May Surprise You! I am currently 55 and DW is 57. We are a couple years away from a happy retirement. I just ran some Social Security retirement estimates for both of us and then ran a few simple models of taking the Social Security benefit at...