Hypothetical question... I've done the Excel tables and think I have the answer but would like a second opinion. I will not reveal my answer until I see I screwed up my maths.
If I retire at 62 I get $2042 Social Security. If I wait until 66 + 2 months I get $2797.
I'm trying to figure out how long before the second option actually makes sense.
I fully understand there are a lot of philosophical answers to this, but hard black and white facts are needed here.
Basically this is to back up an argument I'm having.
Thank you maths men.
If I retire at 62 I get $2042 Social Security. If I wait until 66 + 2 months I get $2797.
I'm trying to figure out how long before the second option actually makes sense.
I fully understand there are a lot of philosophical answers to this, but hard black and white facts are needed here.
Basically this is to back up an argument I'm having.
Thank you maths men.
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