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<< Based only on my experience, the majority begin because they can begin...not because they need to. The most common given reason for least to the fear that SS is going to 'run dry' and so they want to start taking while they can take. This of course is silly and in really, I think, a personal rationale for just taking money because its available with little thought given to the future and consideration of alternatives to beginning at the earliest date possible. These tend to be those whose reality is today and the future is something that will be worried about when they get there.


I retired at age 57 in 2007, and began taking SS benefits at age 62.

After ten years of living with zero earned income, I calculated that my net worth had INCREASED by 50%.

I suppose in part that was because SS benefits added to the amounts of free cash flow I had to invest in stocks, and which I still continue to invest in stocks.

I have yet to actually spend a nickel that came from reducing my existing savings and investments, although of course those investment throw off income and occasional capital gains that finance my spending.

I am now age 68, about the age experts would "recommend" that people start taking SS benefits. Personally, I'm still happy with the decision I made.

Seattle Pioneer
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