Viewing a single comment thread. View all comments

srekai OP t1_j6ftj9q wrote

Reply to comment by [deleted] in When to flip the switch on retirement age? by srekai

It's not about relying on social security but rather if you were never going to live past 70, why would you wait until then to take it, when you can start receiving it earlier at 67? If you die at 69 years and 364 days, you would never receive a single cent.

It's a binary sort of thing.

4

booboo_bear t1_j6fy7xb wrote

Correct. Do your have family, mom / dad / grandparents/ uncles / aunts. Is there a range they lived to? Are there “known” issues for your family, heart disease. Are you living a healthy lifestyle. Take all this info, and you’ll get an approximate range . For me, I expect 80 -85. I could go sooner, or go longer. But I doubt I’ll make it to 90.

1