I have noticed while playing around with FIRECalc (http://www.firecalc.com) that if I enter my social security payments as additional income in the appropriate future years, then calculate (using Investigate) my spending level for 100% success rate over 40 years, I end up with a higher number taking SS at age 62 instead of waiting for age 70.I am seeing this for leaving my portfolio at the default Total Market setting, or playing around with it under the mixed portfolio setting, but I certainly haven't tried everything. My guess is if I make the portfolio really conservative then I'll get a different result.This indicates to me that it's a better idea to take SS payments earlier rather than later. Usually I've been hearing the opposite advice,and waiting for a higher payment is my natural inclination. Anybody have any informed observations on this subject? Anybody seeing anything different using this or other data-based simulators?-IGU-
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