I view retirement in three stages:
- First - very active (i.e very expensive)
- Second - Mental or physical problem starts to develop (i.e lifestyle slows way down, not so expensive)
- Third stage - need someone to assist you in your daily life (i.e very expensive.)
When you're thinking about when to draw SS think about the above also. If you wait you'll be in the second or third stage, that may or may not be what you wanted. If you draw early you'll enjoy the money in the first stage, but the last stage could be a problem.
