You can take SS earlier than 70. Most are eligible at 62 but I dont have the schedule based on BDay memorized. You can weigh the benefits of taking SS early or later by running some numbers on a spreadsheet. Some people look solely at the amounts of our SS payments but you really have to consider lifespan and how you want to spend your retirement years. Ive been running a lot of scenarios as we have a few different sources of retirement income. Our mission statement is live the hell out of it. There are 2 parts to retirement Go GO years and Park Bench. Make it count! That said our best options are start taking SS and Pensions ASAP to spend less of our IRA in the 60 - 75 years.
