The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools

URL:  https://boards.fool.com/ltltthis-may-come-as-surprise-to-many-but-we-34007246.aspx

Subject:  Re: Study on early claiming of SS Date:  9/14/2018  1:17 PM
Author:  SeattlePioneer Number:  20753 of 20933

<<This may come as surprise to many but we aren't going to live forever. The life expectancy for a 62 year old man is 81.4 years of age and the life expectancy for a 62 year old woman is 84.3 years of age. Now when I take off all my clothes and stand in front of a mirror and what looks back at me is an obese prediabetic old man with high blood pressure that caused me to imagine I can subtract a few years off that?

That was a factor I included in my decision to take social security at 62 years of age. Add in there that my mom died at 51 years of age from stomach cancer and my dad at 65 from cardiomyopathy and my oldest sister at age 73 from a weak heart and my 2nd oldest sister at 46 from kidney failure. That also had an effect on my psyche when thinking about how old I might be when I cross over.

We are all individuals. Your mileage may vary from mine. >>


I like your approach to calculating the age to take Social Security benefits, Art.


And the real short answer for me is that my experience is that I don't spend much money in retirement, and don't care to do so. After retiring in 2007 at age 57 and living ten years without earned income, I calculated that my net worth had INCREASED by 50%.



Seattle Pioneer
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us