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Social Security-----When should you start drawing? (On Topic Only)
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<blockquote data-quote="olroadbeech" data-source="post: 2990776" data-attributes="member: 52145"><p>it's different for everyone. depends on health, financial status , and a dozen other variables.</p><p></p><p>we have grandchildren starting college soon and we agreed to help them out so we are going to start drawing at 62. anyways it takes about 18 years to break even if you start at a later age.</p><p></p><p>being that we are getting along just fine with the pension and not even tapping into the 401k yet ( knock on wood ) we would probably be better off investing some of that SS ourselves or banking it for a rainy day.</p><p></p><p>You would be better off asking a pro that knows about your situation to make a good decision on this.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 2990776, member: 52145"] it's different for everyone. depends on health, financial status , and a dozen other variables. we have grandchildren starting college soon and we agreed to help them out so we are going to start drawing at 62. anyways it takes about 18 years to break even if you start at a later age. being that we are getting along just fine with the pension and not even tapping into the 401k yet ( knock on wood ) we would probably be better off investing some of that SS ourselves or banking it for a rainy day. You would be better off asking a pro that knows about your situation to make a good decision on this. [/QUOTE]
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Social Security-----When should you start drawing? (On Topic Only)
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