No. of Recommendations: 42
. In your late 80's you won't taking as many European vacations as you might in your late 60's. It'd be a shame to not travel to see Notre Dame until you're too old to climb the stairs, for instance.

No lie.
When my Dad retired, my Mom decided to keep working a few more years to maximize her pension. By the time she was ready to retire, my Dad's health had declined so much that they were not able to travel. Yeah, they had more pension income. But instead of visiting Machu Picchu in person, they watched it on Discovery Channel.

Y'know, for some reason people just cannot come to grips with what the SSA says, that whatever age you decide to start SS it is actuarially neutral. File at 62 = More years of less monthly SS. File at 66 or 70 = fewer years at larger monthly SS. They focus on that they'll get 8% bigger check, and ignore that they gave up 100% to get that 8%.

On average, the total lifetime SS payout will be about the same, whether you start at 62 or 70.

Lots of people seem to live in Lake Wobegone and will all live longer than average.

We just went to a funeral today, he was 79 when he died. No matter how you work the figures, he didn't live long enough to come out ahead.
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