Forum Discussion
wandering1
Sep 24, 2014Explorer
Real simple. If you wait until 70 to draw your ss your monthly payment will increase at 8% per year between the age of 62 and 70. Add 2% per year estimate for cola and that makes a 10% increase in monthly payments per year. That's a guaranteed increase that you will not get in the stock market. You will not be able to find a better investment. Forget about the crazy argument about how long you will live, thats something no one has the right answer for.
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