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Originally Posted by Denny Crane
(Post 3154225)
You gonna live to be 100 at least!!!
Denny |
Every projection I've received indicates the monthly income increases by delaying. I've requested a report at least 3 times in the last 5 years.
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I thought it went up by 8% for every year you wait.
I think you can request up to 3 summaries for 3 different projected retirement dates per request. Years ago I called twice so I could get 6 summaries. The summaries are great ... they provide all of the payout options and a lot of other information. |
Originally Posted by Huell
(Post 3154707)
I thought it went up by 8% for every year you wait.
I think you can request up to 3 summaries for 3 different projected retirement dates per request. Years ago I called twice so I could get 6 summaries. The summaries are great ... they provide all of the payout options and a lot of other information. I ran the numbers, and for me the payout went up 11.1% for each year delayed. In the past. I also got 3 dates when I requested an estimate. .This time I made the request online and for some reason only got 2 dates....could be my error in looking close enough or could be that was all that was offered. But check out your summary....pretty sure it increases 11%per year. Ps .... SS goes up 8% per year for every year you delay |
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