mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This piece seems to address some of the most pressing questions about SS and the choices that we need to make. Maybe not new stuff, but a number of issues that are good to ponder.
Finally, the breakeven point usually isn't the most critical issue in making the start-date decision. If you don't need the income to support your lifestyle from age 62 through 66, it's often best to wait.
Top 6 Myths About Social Security Benefits (Page 3 of 3)For individuals who live a very long time, any decisions to start benefits early at permanently reduced levels will reduce the longevity protection of lifetime benefits and the inflation protection of the COLA. Therefore, individuals who are in good health and have "longevity genes" in their families should carefully consider the long-term cost of starting benefits early. Keep in mind that the current COLA is not guaranteed and could be changed by Congress in the future.