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URL:  http://boards.fool.com/rayvt-you-have-a-very-pretty-spreadsheet-that-in-31000553.aspx

Subject:  Re: What age to take SS payments? Date:  12/1/2013  12:55 PM
Author:  GWPotter Number:  73868 of 78166

Rayvt you have a very pretty spreadsheet that in my view is very misleading. You have some rather odd assumptions -

#1 You assume 3% on a savings account - where do you get that? When was the last time any bank paid 3% on a savings account?
#2 You assume a COLA of 2.8% --- on what basis?
#3 You do not appear to have applied to COLA to the benefit you would start collecting at age 70. Applying your 2.8% over the 8 years would increase the initial monthly benefit from $1,3