Quote:
Originally Posted by MagicHef
That's a really good way to look at it. I don't know much about SS, how does it affect the amount you get if you stop working at 62 and live off savings from 62 to 70 versus working until 70?
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If you quit working at 62 you’re epically boned. I can’t remember the percentages but it’s prorated. It’s the same percentage lower for early as it is higher for late.
Big deal is you can’t take Medicare until 65 so you’re either buying health coverage on a prorated social security check or flying naked for 3 years.
Don’t do it. My recommendation is always work as long as you can and don’t take anything RMD Or SS until they make you.