Quote:
Originally Posted by Bill and Jan
Hubby is turning 81 in July and we're on our way to Alaska. It's just a number. Why would you wait for full social security? Life is unpredictable.
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I agree life is unpredictable and there are no guarantees. But you are the perfect example you should wait if you are healthy and financially able to retire early and draw later. Age 79 to 81 is the breakover point depending on how early you start drawing vs waiting to 66 to 70. At that age, if you delayed starting drawing ssa, you begin to benefit from greater total ssa income than if you started drawing early. And you continue to enjoy that greater income the rest of your life. If you live into your 90's that can be a significant sum of money.