When did you/do you plan to take SS?

[renagadeinjun]

I would start tomorrow. Im only 46 so its not an option

Many moons ago I had a plan to retire at 31, I could not see working all your life and then retiring old. hell, when I was young I could not fathom being old. What could you do? The possible physical limitations for sex, playing and exploring our world? Well, working two full and sometimes another part time job did not work out ...... I had made the credits at 31 but not the age requirement of course. Alot has happened from way back then I'm still kicking it, 'just not very hard' ........ LOL

 

[The Old Jaybird]

took mine at age 65.5, when I quit working....i.e. ran out of work, contract expired.

 

[LethalEdge]

Started at 64. Long life is not something that runs in my family. When I ran the numbers, I leave money on the table when I hit 81.

 

[Old_School]

So the debate of the century.

I see valid arguments for both taking it as early as possible and as late as possible.

Your thoughts?

All depends on your circumstances. Ordinarily, I would have started it at 62, but because my wife stayed home with the kids during their formative years, she won't draw as much as I do. So I'm holding off until my FRA (66+8mo). Because she'll probably outlive me, she'll qualify for 50% of my SS. Added to her own, she'll be able to draw up to my maximum SS.

 

[renagadeinjun]

Started at 64. Long life is not something that runs in my family. When I ran the numbers, I leave money on the table when I hit 81.

People don't realize, that is what the GOV. wants you to do ! Work till you almost drop, retire and die as fast as possible ........ Your hard-earned money left in their pocket is what they are banking on.
I for one would like to see , when you die what is left in the kitty(on your book) goes to your survivor(s) hell its your money .... !

 

[MegaFan]

I'll be 66 on Saturday and not even considering it. My "work from home" contract pays me an equivalent "2022 national average annual salary for US doctors" and I typically average 2 to 4 hours a day of "computer seat time." And, no, I am not a doctor.

Just remember that the increase in SSI over time will also be the amount that your spouse gets monthly upon your death and my SSI at FRA will be about 4 times what hers is. She retired at 62 as a Registered Nurse to avoid COVID immunizations and associated BS.

Not counting on needing it, but an extra $4k+ per month could aid in maintaining a certain lifestyle in the future (and allow me to keep adding to my gun/ammo collection). As long as my health doesn't decline (my last physical was in 1982), I will keep working!

 

[Pro Carry 2]

i am hoping 64 might wait till 65 but that is it , the difference is not worth the wait

 

[fast306stang]

I retired at 60...SS at 62

This is what I'm thinking about doing as well...plans may change by then, I still have 11 years to go. It would benefit me to hang in there until I'm 62 and then retire, but I just really don't WANT to have to do that

 

[fz1boxer]

i took mine at 62,longevity on both sides of my family for males was the deciding factor,last 5 generations on average kicked the bucket at 70.
dad was 64,brother 67 oldest brother 71...im 65

 

[earl777]

Retired at 54. Started SS at 62. Both of my parents lived to 92 but the quality of life was gone in their mid 80s.