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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 60034  
Subject: Re: Early retirements strain Social Security sys Date: 9/28/2009 4:16 PM
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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?>>>

intercst

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%.

</snip>


I understand that, but you don't have to delay taking your SS benefit to take advantage of it. You can have your cake and eat it, too by using the Withdrawal of Application strategy.

http://www.retireearlyhomepage.com/SS_delay_70.html

intercst
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