How does it "re-exposed yourself to mortality risk"?Rayvt maybe looking at the large sum it costs you when you withdraw/re-apply!! Using 2006 male mortality rates, and 3% interest return on that SS income from age 62 if you reapply, there is about a 40% chance you would not recover your "costs".And - If you are fortunate enough to squeak out the average stock market rate (S&P CAGR) the chances of you getting eaten by a shark are greater than earning back the money.We can play with the numbers - inflation/cost of living, investment returns, additional employment between 62 and 70, or even adding in the probability of default of Social Security and do what ever to make it look like a good deal or a crappy deal--- but it appears that your wealth will have additional exposure to your mortality..d(Mortal)/dT
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