Cash is king right? I did a pre-tax cashflow analysis: if I wait to 65 vice 62 it takes 16.5 years (age 77) for the total pre-tax benefit to catch up to taking it at 62. Waiting to age 70 to claim, it catches up at age 79. I don't believe that taxes paid will go down (my taxable income may but the rates will go up) Actuarial tables indicate I die at 81. My theory is the earlier I take it and invest it I can exceed to gov't "return".
So what you’re saying it’s all a scam, just think if you could put this into a self directed S&P index fund, starting at 18 wow, now you could really retire comfortably. Novel idea, Let’s teach this in high school.
