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[TSP_Strategy] Re: What is the FERS Supplement Worth?

 

Ranch71,

That is an excellent point about the break even strategy on Soc Sec and one's physical state to enjoy the money. Most people can be a lot more active between 62 and 75 than they can between 75 and 88 (if they are fortunate enough to live that long). Having those 5-8 extra years of getting the reduced 62 entry point Soc Sec can make a huge difference in quality of life.That said, I have seen strategies that encourage the use of TSP funds early in retirement to allow one to put off getting Soc Sec until later when the payment would be higher since the increase is about 8% per year, which is a significant increase.

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Posted by: edward henry <khp3655@yahoo.com>
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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