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Congratulations -

And a special encouragement/congratulations on leaving Jan's SS. You get 8% return compounded annually. In additional there is a COLA on those benefits. I have not run the math, but I would not be surprised if you would find the Net Present Worth was favorable even if you withdraw rate is forced up to 4%. And I mean waiting until age 70 - not just the FRA.

Lots of people say take the money and run - and in fact well over half of out population does that. The break even point is roughly age 82. So unless you are either less healthy than 50% of the population you should bet on coming out ahead by waiting.
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