Ya,that monthly income thing was what I'd been looking at too. It's odd how this happens,but with the numbers I ran,the starting monthly income is $400 more at 67 if I wait,but by taking it at 62 and adding 2% a year and compounding the increases,the monthly income closes to a difference of only $285.50 at age 67. That's less than $3500 a year difference in my case at that point. When I get out there to age 70,it goes back out to a little over $300 a month again then starts to widen. Even at age 85 though,I'm only back out to $373 a month more if I wait until 67. Amazing how figures work that way.
The wife is 7 years younger than me,so it'll be a while before she can draw anything. She paid in a pretty good sum while she was working as a nurse,so when she's able to draw on her own,I think she'll better off drawing on her own account.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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