UnThreaded | Threaded | Whole Thread (112) | Ignore Thread Prev | Next
Author: ItsGoingUp Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Re: What age to take SS payments? Date: 12/10/2013 1:00 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Rayvt wrote:
The whole discussion is moot anyway. The SSA itself says that taking at any age from 62 to 70 is actuarially equal.

When I started this thread it included pointing out that FIRECalc was telling me that it was better to start taking social security at age 62. Better in the sense that if I started with a big pot of retirement money I could draw a greater amount with no (backtested, not guaranteed future) chance of going broke if I added in SS taken at age 62 than if I added the greater amount in at age 70.

So while it may be actuarially equivalent, I don't think it's moot for my purpose. Unless there's a bug in FIRECalc's model of social security, which is entirely possible.

-IGU-
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (112) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
TMFDeej's CAPS Blog

Activist Investors Unlocking Value at LSB Industries?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement