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Money and Finances
Reply to "How can someone only get 1k for social security ?"
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[quote=Anonymous][quote=Anonymous]I'm taking the thousand bucks at 62 with a plan to invest it. I can do a better job than the government's raise of 8% a year or whatever that was, and fear of ss being reduced because they have no funds. [/quote] But aren't you already doing that with a 401K etc? SS is diversification, it's more like an annuity in that it can't run out and is guaranteed at a certain amount. You want that certain amount to be as high as possible, actuarially. If you think you'll die soon, sure, take it at 62. [/quote]
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