Lwiddis wrote:
Have you run the numbers of not working those last few years and the effect on your SS monthly benefit? See...https://www.ssa.gov/benefits/retirement/planner/stopwork.html
Lwiddis: Really great feedback. I have not spent near enough time researching our SS options, didn't realize the penalties of stopping work. Thanks for the link... sounds like I have some homework to do.
We are in good condition financially... no debt, lot's of liquid investments, lot's of clear-owned rental property... the SS is really icing on the cake, but you are right... it would be irresponsible if we did not seek to max our benefits.
Earnings have been very good for the last 4 years... maybe we should take benefits now?