@TK-ff5kc
Dad died just before his 80th birthday still working because he planned poorly. My mother inlaw who was rarely ever sick died mid 70's. I am planning on retiring at 62, might as well enjoy life when you have your health.
@kristopherdetar4346
I turn 62 in 3 weeks, my SS starts in December. Both of my parents died at age 68. Yep, I’m claiming it early.
@Bitcoin_Gold
Social security should never be taxed
@Retiredtraveler1961
My wife and I both filed at 62 and we are happy as pigs in slop! Combined Social Security income is $4500 a month.
@bayoustateoutdoors9650
The break even point is 79……what u gonna do in ur 80s, snow skiing in Co, scuba diving In Caribbean?….I’m taking mine at 62
@sdthrutheroof9161
#8 on reasons to retire early has ME written all over it. I just turned 60. I've worked construction my whole life. My body is starting to tell me that I cannot continue this.
@Peterl4290
The big thing you missed in this video is the fact that taxes on Social Security should be illegal in the first place. Double taxation is illegal and that is exactly what is happening. SS recipients have already paid taxes on the wages when they were working and now when retirees desperately need this income the most to live the government gives them the shaft! Retirement may become a problem for Americans
@jayf6525
My wife and I are both 72. We retired at age 60. It was always part of our plan to take our SS at age 62, which we did with zero regrets. If you can or want to wait, that's up to you. It's a personal decision and the math is easy to do if that's important. For us, the decision was easy. It wasn't about the payback or the breakeven. It was about life. We didn't work all our lives to not enjoy reaching the finish line. We wanted to enjoy our retirement and use OUR money to live our best life in retirement. We're both healthy but you never know about the future. What good is a fatter SS check if waited too long and now you're unable to enjoy it?
@RobertSmith-gx3mi
Working closely for 22 years with a man who died 2 months after his 61st birthday made me change my outlook on when to take social security. 62 for me.
@theRealRobMart140
The biggest issue with health/longevity, does not take into effect how much your body starts to break down, you are not able to drive as far. Your walking starts to go down. Travel gets even harder. If you can take it at 62, you have much more time to do things that take physical efforts
@michellelyman7092
I absolutely took mine at 62 and I'm glad I did
@greekmom
The average social security check is $1827 a month. The worst part is 22% of Americans have less than $5k saved for retirement. Start investing now! Nobody is coming to save you
@minafakhri8371
I’m 52 and investing for the first time in my life. I have started contributing to my 401K and opened a Roth IRA with automatic contributions, but my question is, does asset allocation really matter at first, or perhaps I am just overthinking as a beginner?
@donnajschmidt4953
I’m 62 next week and just learned my job of 34.75 years is going away. I am also in treatment for breast cancer…so I’m strongly considering retiring.
@BrettTwinSavage
I was an essential worker with Health and Human Services on the frontline during COVID. A years or so after the crisis, I turned 62 and was emotionally and physically spent. I started SS and am fortunate enough to have a state pension annuity with 100% healthcare premiums paid. I hope SS and my annuity lasts as long as I do. The risk of taking SS early out weighed the benefit of waiting. Two years later I look back and realize it was a wise decision. The stress was killing me.
@Omonike88
Im 55 yo. Soaking this all in. Plan to take ss at 62. They live long in my family. Aunts 102, 95... However, i want quality life over quantity monies.
@pje8462
I am 56 and healthy and plan to play it by ear. My goal is to take at 67 and work part time doing something. But one never knows. Eat well, exercise and pray for good health.
@terriscalf2509
The thing I worry about is having health insurance in those gap years from 62 until 65. Insurance is so expensive.
@deniseryan4146
I started collecting at 62. I moved to part time so my income limit was under SS limit. The hospital I worked at offered health insurance for part timers. Now that I'm 66, I retired. Medicare and more free time with my husband is my goal❤🎉
@FinancialFastLane