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No. of Recommendations: 2
5.0%? Age 90.8.

6.0%? Never. Not just "they'd have to live longer than anyone has ever lived". Never, as in never ever...the age 62 account grows larger than the 70 account forever.

5.5%? Age 93.6

Here is the URL of this spreadsheet:
Plug in your own numbers for return and COLA to see the crossover age.

Another one:

The question really becomes, how likely do you think is is for you to get XX% return above inflation?

The secondary question is, How useful is it to you to have more money after 90.8 than it is to have more money between 62 and 90?

Ray, thanks for running the numbers.

I think that your calculations show that the arguments for waiting to start taking Social Security are basically "straw men".

What I have seen from various related websites, including that of the AARP, is that the recommendation
to wait until age 70 is often based on the assumption that one will continue working and contributing
to Social Security beyond age 62--although not necessarily until age 70 and/or in the
same job as before.

Did I read that link's advice clearly? Consider being an Uber or Lyft driver, or dog walking.? How about making deliveries on a motor scooter, or bagging groceries, or other
simple tasks that a spry 62-year-old could handle easily until perhaps age 70?

Welcome to retirement paradise.

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