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Social Security-----When should you start drawing? (On Topic Only)
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<blockquote data-quote="twoweeled" data-source="post: 3145677" data-attributes="member: 27108"><p>Yes, your numbers are probably consistent with mine. I'm thinking they were roughly $2090 at 62, $2800 at 66 4 months, $3600 at 70. 66 4 months being my full retirement age. Yet, the one year increments between early retirement of 62 and full retirement of 66 years 4 months do (compute) work out to 8% increases "per year". But the person at S Security tells me I don't get those 8% increases until after full retirement age ie 66 years 4 months. The only increases I get between 62 years and 66 years are due to increases in my contributions. Which they did the computations and told me it would be roughly $75. I take it, you didn't receive the same info? </p><p>I didn't get into SS to get exact numbers. They usually shut down on weekends and nights for whatever reason. but the numbers are close.</p></blockquote><p></p>
[QUOTE="twoweeled, post: 3145677, member: 27108"] Yes, your numbers are probably consistent with mine. I'm thinking they were roughly $2090 at 62, $2800 at 66 4 months, $3600 at 70. 66 4 months being my full retirement age. Yet, the one year increments between early retirement of 62 and full retirement of 66 years 4 months do (compute) work out to 8% increases "per year". But the person at S Security tells me I don't get those 8% increases until after full retirement age ie 66 years 4 months. The only increases I get between 62 years and 66 years are due to increases in my contributions. Which they did the computations and told me it would be roughly $75. I take it, you didn't receive the same info? I didn't get into SS to get exact numbers. They usually shut down on weekends and nights for whatever reason. but the numbers are close. [/QUOTE]
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Social Security-----When should you start drawing? (On Topic Only)
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