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Assuming that you're not still working and subject to the $14,160 annual earnings limitation on benefits, why wouldn't you take you're Social Security check on the day you're eligible?


From the link supplied* the benefit increases for me: 5% from age 62 to 63: then 6 2/3% every year from age 63 to age 66; then 8% a year until until age 70%.

1)Those increases in the benefit probably will outstrip the returns from my 70/30 portfolio. Especially as I predict more of the same level of returns as the past decade rather than the smoking returns of the 1990's.

2)As one ages, it is an unknown factor how financially astute a person remains. So I will spend my retirement savings first & hold off tapping into SS. Yes I know there ain't no guarantee of a benefit. But I expect to receive something.
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