What Does This Have To Do With Financial Fluency?

When it comes to Social Security, the “commonly-held belief” is that you are supposed to defer. That is fine for the average case, when everything else is equal. In sports, that presumes that the teams are somewhat evenly matched. Then yeah, maybe.

In the real world, in financial decision-making, “all else is equal” doesn’t work, your specific situation is almost never the exact average as shown in the bell curve image.