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Non-Tech : Kirk's Market Thoughts
COHR 131.96-0.6%Oct 31 9:30 AM EST

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Kirk ©
To: Kirk © who wrote (5815)5/29/2018 12:42:21 PM
From: Qone01 Recommendation   of 26388
 
Kirk, IMO health has nothing to do with when people decide to take it. Financial condition is the determining factor. The amount of money paid is calculated to average life span.

"As a general rule, early or late retirement will give you about the same total Social Security benefits over your lifetime. If you retire early, the monthly benefit amounts will be smaller to take into account the longer period you will receive them. If you retire late, you will get benefits for a shorter period of time but the monthly amounts will be larger to make up for the months when you did not receive anything."

If one is dependent on the larger payment at 70 for financial stability, that person will wait. If one is not dependent on the payment that person will lean to taking it as early as possible. That is where I'm at. I simply want my money back. <g>
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