- Joined
- Mar 26, 2018
- Messages
- 8,418
In a few months I'll be 64. I just looked at my Social Security statement.
They have full retirement at 66 and 6 months.
There is a benefits slide gadget that lets you dial in the anticipated month of retirement.
Example, if I retire at 65 and 6 months, the difference is <$245 a month. If I retire a year early, I will receive $31,500 I would not have received if I wait another year.
You all know where I'm going. It would take 11 years to break even for the amount I received for the one year of early retirement.
Since this is supplemental to our overall retirement plan, it's looking pretty tempting.
Did you go out early? Do you regret it?
Do you wish you went out early?
Are you thinking along my same lines?
Am I an idiot for thinking to go out early
I know many of you are retired, I'd like to talk about it.
Thanks,
Jeff
They have full retirement at 66 and 6 months.
There is a benefits slide gadget that lets you dial in the anticipated month of retirement.
Example, if I retire at 65 and 6 months, the difference is <$245 a month. If I retire a year early, I will receive $31,500 I would not have received if I wait another year.
You all know where I'm going. It would take 11 years to break even for the amount I received for the one year of early retirement.
Since this is supplemental to our overall retirement plan, it's looking pretty tempting.
Did you go out early? Do you regret it?
Do you wish you went out early?
Are you thinking along my same lines?
Am I an idiot for thinking to go out early
I know many of you are retired, I'd like to talk about it.
Thanks,
Jeff