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Of course, every decision is a personal one. I was only referring to the situations that were pretty straight forward and where a simple present value calcuation was appropriate. I've done somewhere close to 15 of them and in each case the age 62 option was clearly the better. The only major item that may make a later age better would be if there was a huge improvement in life expectancy. As it is now, assuming normal life expectancy makes the earlier age the supperior choice.

GlennRim


Does your calculations include income taxes? Taking Social Security early while still working makes more of the distribution taxable (or lost due too high of income).

Debra
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