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re: Congress is considering big changes to the way you retire
Posted on 9/6/19 at 5:37 pm to buckeye_vol
Posted on 9/6/19 at 5:37 pm to buckeye_vol
I'm planning to take my retirement the first day I can. I created an account on the SS site and checked my benefits. I would get about 40% more waiting till 67 and 90% more of I wait till 70, but I don't know if it's worth waiting. Would like to be sure to get some of it before I die.
Posted on 9/7/19 at 4:31 am to kywildcatfanone
From what I've heard if you wait till 70, you will be 85 before you equal what you could have been getting since 66 which was my full retirement age.
Posted on 9/7/19 at 8:51 am to kywildcatfanone
quote:
I'm planning to take my retirement the first day I can. I created an account on the SS site and checked my benefits. I would get about 40% more waiting till 67 and 90% more of I wait till 70, but I don't know if it's worth waiting. Would like to be sure to get some of it before I die.
The actuaries design it so it comes out the same based on average life expectancies. If you die before their average age, you’re better off taking it early. If you outlive their average age, you’re better off taking it later. How’s your health?
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