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The Water Cooler
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<blockquote data-quote="FRISKY" data-source="post: 4149499" data-attributes="member: 35298"><p>Because of inflation the money you would get at age 62 is worth more than what you would get five years later, and much more than ten years later. If you can invest SS money from age 62 the interest will more than make up for the difference of waiting, but at the same time, inflation will eat up the added amount from SS <em>and</em> interest.</p><p></p><p>Will SS still be available in five or ten years?</p><p></p><p>There is a chance the economy will crash or there will be an EMP, CME, war or change of politics that will kill SS for everyone.</p></blockquote><p></p>
[QUOTE="FRISKY, post: 4149499, member: 35298"] Because of inflation the money you would get at age 62 is worth more than what you would get five years later, and much more than ten years later. If you can invest SS money from age 62 the interest will more than make up for the difference of waiting, but at the same time, inflation will eat up the added amount from SS [I]and[/I] interest. Will SS still be available in five or ten years? There is a chance the economy will crash or there will be an EMP, CME, war or change of politics that will kill SS for everyone. [/QUOTE]
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