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If you can delay them....there are benefits

8% a year increase in payments for life. You break even at about 77-78.

If you are married, your wife will receive bigger benefits maybe if you wait till 69 or 70 if you can. If you die, she'll collect the bigger sum . If she didn't earn much, she can start at 62 for 'her' benefits, then switch to half of yours. If you die, she gets more.

It's hard to earn 8% on your money these days......delay for 8 years and you get twice as much per month. If your parents, brothers, and relatives all live to 90 plus and you are in great health, you might consider delaying.

If they all died by 72...well, then take it at 62......unless, of course, they did themselves in by coal mining, working in asbestos factory, or smoked four packs a day their whole life....and you don't/didn't.

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