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2536 days ago
Edit | Replies (5)
Take it "early" or "wait"? At 62, I can draw $1474 a month. At 66, I can draw $1924 a month. A $450 a month difference. 4 years at $1474 a month is $70,752 total. Divided by the "extra" $450 a month I would receive by waiting equals over 157 months or over 13 years to recoup the $70,752 that I did not take early. Making me 79 when I finally recoup the $70,752 that I waited on by holding off to age 66. REALLY? That equates to CRAZY! Good logic and correct math, Advice? Opinions? Thanks!