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Moses Moses is offline
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Join Date: Jan 2002
Location: I'm out there.
Posts: 13,085
I ran some numbers of my own and made a few assumptions.

I'm going to compare drawing at 62 vs.70. By drawing early, I will have reclaimed $196,800.00 by the time I'm 70 years old. If I save it and invest it at 5% I will tack on another $20,000. If I wait till I'm 70 to draw Social Security, I will be 91 years old before I start to get ahead of the game. But this isn't the BIG issue!

Social Security is a big investment. And you have a partner who manages your savings for you. And your investment partner is a psychotic, crack addict with big spending problems! How long do I want Uncle Sam holding onto my money?
My work here is nearly finished.
Old 12-12-2018, 02:47 PM
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