62/70 Solution
Wednesday, October 31st, 2007
Interesting SS strategy.
http://finance.yahoo.com/focus-retir…-post-spending
Quote:
Part of why the 62/70 solution works is something known as joint mortality. Consider a husband and wife, both born on Jan. 1, 1950. When they become eligible for Social Security at 62, the wife will have a projected life expectancy of 84 years and 8 months. That roughly means there’s a [...]