Quote:
Originally Posted by Buehler445
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.
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This is true. Medicare does not come with SS benefits at 62. Again...if you are able to work past 62 and keep that insurance by all means, keep that job. If you are planning on living off of just SS benefits at age 62, you aren't going to make it that long. People were constantly dismayed at what their benefits are when they take early retirement at 62. It's just not enough, and it won't ever be.