Anybody Glad they took Social Safety Early? - Web page 3

grabiner wrote: ↑Sat Aug 31, 2024 7:18 am

RU1973 wrote: ↑Sat Aug 31, 2024 6:14 am
I took it at 62 and I might do it once more. The additional work earnings would have been good, however the stress of commuting and work is a detrimental once you get used to being free to do what you need. I’m 69, and made the “mistake” of spending my Roth IRA first, however simply began dipping into my Rollover IRA. There’s a saying that makes a variety of sense to me immediately. “A nasty day {golfing} is all the time higher than a very good day working.” I do not assume a lot about my previous life working, however assume loads about getting higher at golf

You check with “the additional work earnings”; this isn’t the identical as the choice of when to take SS. You can have retired at 62 however nonetheless delayed SS till 69. Had you accomplished that, you’d have taken extra out of your IRAs within the final seven years, however with a better SS profit at 69, you would wish much less from the IRAs sooner or later.

It was a straightforward choice for me. I had 2 siblings. One handed away at 49. The opposite handed away at 67, and delayed her SS. I wasn’t optimistic at 62 relating to my future life, so took the cash early. I do not remorse it in any respect. However, I may additionally afford to do it. Some folks cannot, and I perceive it.