DougB
Confused about dryer sheets
Hi. I'm a new user. I will be turning 62 toward the end of this year and am trying to decided whether or not to claim early, or wait until FRA, which for me is 66 and 4 months.
To kick things off, I'm strongly considering claiming at age 62, despite the fact that I continually read that this is a bad idea. I'm not a financial analyst, but according to my calculations, I wouldn't regret claiming early until the age of 82, at which point I would only be giving up an extra $5K in income annually for the rest of my life.
I was hoping that some of the users of this forum might be better steeped in these issues than me and willing to discuss.
Thanks,
Doug
To kick things off, I'm strongly considering claiming at age 62, despite the fact that I continually read that this is a bad idea. I'm not a financial analyst, but according to my calculations, I wouldn't regret claiming early until the age of 82, at which point I would only be giving up an extra $5K in income annually for the rest of my life.
I was hoping that some of the users of this forum might be better steeped in these issues than me and willing to discuss.
Thanks,
Doug