Reply to Social Security..should I take it now?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DH and I live comfortably on pensions. I can start taking SS this year, as I turn 66, but I don't require it necessarily now. DH will not receive SS, nor is he entitled to any spousal SS as he is retired CSRS. If I wait until 70, it will be 700 more a  month. 
We still have a mortgage,  just under 100k, but with a very low interest rate. We have savings, don't  really use it. Planning to use it to self fund long term care if and when we need it. 
Kind of worried about where SS is going as ths R party keeps threatening it. [/quote]

So you got a pension and want ss, greedy boomers [/quote]

?? Why shouldn't she. She EARNED both. What a f'king idiot. [/quote]
+1

I'm a private sector employee. Never worked for the govt. Why shouldn't the OP get both. They paid into.

To answer OP's question.

It depends on how much you think you will need when you get older, and your tax bracket, and how much you have in any 401k type retirement.

When you hit RMD at some point, add the SS. Will this push you into a higher tax bracket?  SS is not taxed in most states, and federal tax is I think 85% of your social security.
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