social security
Hello, IN short in taking “SS” are you and other guy basing withdrawl @ 62 or 70 on just “ss” or on other incomes and investments and savings? If just “ss” your reasoning is sound and based on the that persons life style and level of happiness. However if houses are paid for, investments in excess of 6 figures and cash on hand would your answers still apply? Thank You for your time 🙂
Terry Says
Yes — the answer is still the same. It’s not the math of “breakeven” — but the very real possibility that you’ll out live the averages and your savings. And in that case, you’d want the largest check possible (inflation adjusted) in your last years!
And yes, that presumes you can afford to wait — using other money — until age 70.
