🔺 r/personalfinanceuvac2672·51 days ago
SS benefits comparison: 62, 67, 70
Assuming benefits of 62yo-$2,970/mos, 67yo-$4,242, and 70yo-$5,271... and a very modest 4% return, if you were to invest every penny when does it make sense to NOT start receiving at 62? (Assuming in any case you're only going to invest it and don't 'need' it). Claim at 62: $2,970 : Invest all @ 4% Claim at 67: $4,242 : ~ $197K head start if @ 62 : Break even at age 85 Claim at 70: $5,271 : ~ $334K head start if @ 62 : Break even at age 86.5 Am I missing anything? submitted by /u/vac2672 to r/personalfinance [link] [comments]