wski wrote:
If you take social security at 62 and invest it in good growth mutual funds for 5 years you will not only have a large pot of money to draw on, but the growth on your investments will offset the reduction factor and increase the break even point.
Unless you happen to start drawing and investing at the start of one of the periodic drops in market value. Then you will lose money at first and spend the next years trying to get back to even. Even "good growth mutual funds" lose money during downturns. Been there more than once in my 401k/IRA investment years.
