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Personal Finance and Investing

Pobeka

(4,999 posts)

1. When I looked at my increases for delaying, the increases did not uniformly rise.

Reply to question everything (Original post)

Tue Dec 8, 2020, 12:26 AM

Dec 2020

I think I saw a big jump at age 69, but I can't remember for sure what age it was where the jump happened.

The same was true for my SO.

You have to run the SS calculator for every age you can start taking benefits to know the increase you get by delaying year by year.

It was definitely not a constant %rise for each year delayed in my case, and I don't have any special conditions.

So, in my hypothetical of a big jump at age 69, if I was thinking about holding off to age 68, it would really make sense to wait the extra year for the big jump, or just start it at age 67.

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Highlight:

Social Security and delayed retirement credits [View all] question everything Dec 2020 OP

When I looked at my increases for delaying, the increases did not uniformly rise. Pobeka Dec 2020 #1

This discussion often comes from a false premise. Jirel Dec 2020 #2

I received a letter from the SS when I reached 66 question everything Dec 2020 #4

I was glad to read your final paragraph. PoindexterOglethorpe Dec 2020 #3