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My sister-in-law turns 50 this year and she can receive a reduced pension from her first job she had years before. If she waits until 57 yrs. of age she will receive $1050 per month or is she taps it now she will receive $609 per month. She doesn't need the money to live on. Would she be better off to wait or take the reduced pension and invest it in the stock market now.She does have a house payment would that be a better place to put it, because of the no tax owed when she sells. What would the tax consquences be. Any advice would be appreciated.

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