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Virginia, Northern Neck | Yes, this exactly.
Another benefit, if you are already receiving Social Security when you become eligible for Medicare, the process is seamless.
They just start deducting your Medicare B premium from your Social Security check.
I took Social Security at 62.
I did not need the money but I took it while I'm still alive.
At least half of my friends and relatives did not live to 62.
If I remember correctly, my break-even is late 80s.
If I live longer than that, I will collect fewer total dollars from Social Security than if I had waited.
We do not know what those dollars will be worth in the future, we do know exactly what a dollar is worth today, and it is most likely worth more than a dollar in the future.
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Social Security
