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http://boards.fool.com/i-opted-for-early-payments-at-62-mainly-for-the-11901179.aspx
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| Subject: Re: social security planning | Date: 1/31/2000 11:08 AM | |
| Author: royrun99 | Number: 18507 of 72264 | |
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I opted for early payments at 62 mainly for the following 3 reasons. 1. On a NPV cash flow basis, it takes 16 years or more for full retirement to be greater. 2. Who knows what the system will provide down the road. Despite politicians talk, a means test is probable. 3. Wife,who does not qualify on her own, can get 50% of mine early also Of course all of this depends on one fundamental question. When are you going to die? According to our local Social Security office, 90% of folks are taking it early. Hope this helps. In any event, make your choice and enjoy life regardless |
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