OK, and we know it can be more or less. But if you retire at 62 you are adding 2% per year. That is reasonable. But if you wait until 67, are you increasing the benefits you will receive at 67 by 2% each year you wait? My understanding is that the retirement age benefit level increases with the COL increase.
I've been waiting until age 70 but you're making me have second thoughts.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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