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Retirement Discussions / Retire Well on Less


Subject:  Re: Newbie to this Retirement Board Date:  10/7/2012  4:26 PM
Author:  Howie52 Number:  1425 of 1906

"because of when Soc. Sec. kicks in for people my age)"


66 is the age for "full" Social Security but I understand you
have the option of a reduced payment still at 62 - and you have the option of collecting a higher payment if waiting until age 70.

Financial advisers tend to recommend waiting.
Folks who tend to read the obituaries tend to recommend sooner.

A $12 annual charge is not extreme - you figure the reporting
needs for an account would run about that amount.
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