Quote:
Originally Posted by Hugh R
I missed the 1/1/1954 opportunity by a few weeks.
I started SS this January at 65. I get about $2,700/month and would have gotten about another $200/month if I'd waited until 66-1/2, so I'll be collecting $48,600 between now an then (66-1/2). It would take 20 years to make up the difference.
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Yup. And most people never catch up since the average life expectancy for men in the US is only 78 years old. If you play the Las Vegas odds, you're leaving money on the table if you don't take it as early as possible.