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The other factor not mentioned in the posts so far, is the desire to leave the workforce at 62 (9 years from now)is pretty great for me. This is the reason I have been investing 20% into my 401K for the last few years after investing 6% a year for the prvious 25 years, which should be near $1M, not to mention the $1500 a month company pension I will be getting. I'm going to start drawing SS as soon as possible 62 YO, to help pay for health insurance.
Between my 401K, and my pension (taking full survivorship for my wife), there should be more than enough to live very comfortably for a long time, so taking SS early will allow me to go early.
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