Posted by rrlund on March 26, 2016 at 15:09:07 from (162.250.24.184):
In Reply to: Re: Medicare question posted by John in La on March 26, 2016 at 14:18:58:
The thing is,they told me last year it would be $1492 at 66 and 2. This year,they say $1542 at the same age. If I take it at 62,I'm locked in to what they'll pay at that age,plus the CPI increase. If I wait the extra four years to 66 and 2,who knows what I might get. Could be more than 16 or 1700,then the CPI increases would compound on top of that. At 70,right now they're saying an additional 500 a month. Taking it at 62 is like getting suckered by those TV commercials offering pennies on the dollar for your structured settlement,or like me selling my calves instead of finishing them out and getting twice the price for them when I have the feed and the time to finish them.
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