Quote:
Originally Posted by Kerbie
I would like to hear thoughts about the decision of when to start taking Social Security payouts. I can see my expected payouts from ages 62 to 70, I understand how to calculate the future value of money and I know about the magical 8% annual return. I'm just curious what types of factors entered into your decision about taking the payouts early, at full retirement or delaying until 70.
Let's stay away from unrelated comments to derail the thread. I've got the decision coming up and you guys represent a wide sample of intelligent opinions. It's a personal decision and everybody's situation is different, but I'm curious if anyone has an idea that hasn't occurred to me yet. Thank you very much for any help you can offer.
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There is no answer to a rhetorical question. Spend the $ if you need it, you could die today.