Forum Discussion
JAXFL
Sep 30, 2014Explorer
houstonstroker wrote:
Several years ago I went to a Federal retirement conference. The speaker was asked about retiring early vs later, same as SS you get more $ by waiting. He said basically that the Brick Wall is coming. The Brick Wall is the day you will die. That does not change. So basically by retiring early you get smaller checks but receive them longer. Retire later and the checks are bigger but for a smaller amount of time. Same money in the end.
He was/is wrong. Retire on April 9, 2014 and "DIE" April 8,2018 you get 47 checks of $1200* wait until April 8 2018 to start and you get no checks.
(* whatever the amount of each is)
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