Some number cruching and dreaming for thought. If the $609 per month were taken and invested in an S&P index fund that returned the historical average 11%, by the age of 66 and 8 months, one would have around $178k. What's magical about 66+?, that's when the amounts withdrawn from the pension are equal given the early lower and later higher payouts. The next question, how long would this $178k last to make up the difference in the payouts? About 33 years. So, IF one were disciplined enought, and IF one got historical returns, I'd be tempted to take the money early.JLC
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