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I retired at 51!
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<blockquote data-quote="Babagounj" data-source="post: 5395830" data-attributes="member: 12952"><p>It is based on your highest working 35 years.</p><p>According to my latest SS Statement ; had I taken it at FRA-$2367.</p><p>Wait one year and it becomes-$2640 ( $273 more a month ).</p><p>Wait 2 years- $2840 ( another $200 a month ).</p><p>Wait 3 years-$3041 (another $201 a month )</p><p>Age 70- $3275 ( up $234 a month )</p><p>$908 increase a month for waiting.</p><p>Or an increase of $1700 a month over taking it at 62.</p><p></p><p>These amounts do not include any COLA Adjustments.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5395830, member: 12952"] It is based on your highest working 35 years. According to my latest SS Statement ; had I taken it at FRA-$2367. Wait one year and it becomes-$2640 ( $273 more a month ). Wait 2 years- $2840 ( another $200 a month ). Wait 3 years-$3041 (another $201 a month ) Age 70- $3275 ( up $234 a month ) $908 increase a month for waiting. Or an increase of $1700 a month over taking it at 62. These amounts do not include any COLA Adjustments. [/QUOTE]
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I retired at 51!
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