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dmcummins dmcummins is offline
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Join Date: Nov 2003
Location: South West Florida
Posts: 2,299
I’m trying to figure this out myself. I’m leaning toward taking it at 62. I’m 61 now and haven’t worked for the last 11 years. If I did the math correctly, if I can get 4% on my money the break even point is mid 80’s.

I’m at the point that I’ll either need the SS money or will have to withdraw some money from my IRA. I’m also conserned about taxes, Not sure how required withdrawals would effect me later or what will higher SS payments put me.

I’ll be fine either way, I’m thinking take it early. By the time I’m 85 a few extra bucks probably won’t do me any good anyway.
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Gruppe B #057
Old 07-22-2018, 02:43 PM
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