Do we or don't we?
Short story, we bought a travel trailer and fell in love with a campground so much, we bought a park model, no note. 5 years later (right on my predicted schedule) we bought another travel trailer,...
Forum Discussion
allen8106 wrote:Lwiddis wrote:
You need to work at least to 66. “Tiring of work” isn’t a reasonable excuse. Save every dime you can.
BS...Not me, I'm tired of working too. I'm retiring at 62 AND drawing my SS. The money I'll draw between 62 and 65-10 will make up for a ton of the monthly shortfall for retiring early.
X2
The S.S break even age is around 77-78 years of age, so if a person starts drawing at 62 and another starts at 67 they both will earn the same total amount by 77-78 years of age but the person drawing at 67 has to work 5 more years..
So if your parents did not live much beyond 78 years and it runs in your family than drawing early is best, but if your family genes has very long life well beyond 85 than maybe wait till your 67..
Your personal health is also a factor..
