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path1's avatar
path1
Explorer
Sep 24, 2014

Social Security question/ help please if you know

I’ve been reading articles when I see them about drawing social security early and 99.9% say drawing early is not recommended and a bad decision. The people that write these articles I bet have mor...
RV Lifestyle
time2roll's avatar
time2roll
Nomad
Sep 26, 2014
pulsar wrote:
Here are examples of the maximums in 2014:
retirement age maximum
62 $1992
66* $2642
70 $3425


Even if you live to 90+ the difference is not exactly huge IMO.
If not prepared it is going to be a disaster either way.
If your pockets are empty then keep working and delay.
If your accounts are overflowing then take whatever as it is just icing on the cake.
If you cannot work and must take at 62 it is going to be a rough ride.
Good luck to all of us.

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