Post #522 by rayvt on the Retirement Investing board

Personal Finance Topics / Retirement Investing

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Waiting the 15 months from today to my 70th birthday increases my monthly benefit by 17.7%
...
Pretty good for someone who hasn’t paid much into the system over the past 30 years. (I quit working at age 38 to live off portfolio withdrawals

I think your outlook is skewed and colored by your personal life experience.
You retired rich, rich, rich very, very early. Probably less than 1/10th of 1% of Americans are in that category.
IIRC, you also had only one mouth to house and feed, no wife & kids. That cuts expenses way down...kids are expensive (I have 2 sons with boys just entering the teens, and those boys each eat much more than I do).

Much of the advice you give reflects this. Have some compassion and strive to realize that your situation is unique.

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