Oddly enough, the financial advisor at my bank advises us to wait as long as we can. He did some math I couldn't ever remember to show it but it convinced me to wait, just not as long as he suggested. There are pros and cons to either, but we do what feels right!I'll be 62 in February. I'm taking SS as soon as I'm able. Here's why.
I asked the "IRA guy" we had at work whether I should take SS as soon as I'm eligible, or wait for the higher amount. He told me that the SSA has never taken benefits away from someone once they start getting them. But they have pushed back the eligible age to start receiving them.
Depending on how much I get per month, we'll reduce the amount we take from IRAs by as much or nearly so.
DH is 11 months younger than I, so he'll start in the following January.
