[Crowbob]

Originally Posted by Crowbob

Not necessarily.

The actuarials at SSA know what they’re doing. For most people, that is people who are not at either ends of the lifespan curve, over the course of their lifetime benefit amount it makes very little difference when you begin drawing.

As such, the decision for most people should be whether or not they need the money now or will they need the money later.

If you wait, the checks are bigger but you don’t get as a many. If you draw early, the checks are smaller but you get more of them.

https://youtu.be/4Gpzw5wcFo4?t=24