[FXRP]

Here’s another way to look at it.

If you take the money let’s say, two years early. You put it in an investment account, say, an IRA. Will it be worth more than the difference two years from now. (the answer is yes).

[SamAdams76]

If you take the money let’s say, two years early. You put it in an investment account, say, an IRA. Will it be worth more than the difference two years from now. (the answer is yes).

Never thought of that angle. Might make sense!

[where's_the_Outrage?]

“If you take the money let’s say, two years early. You put it in an investment account,an IRA”

You can't put SS into an IRA without some penalty as an IRA has to be from “earned income”, SS is not earned income, it is reported on a 1099 not a W-2.

I have been looking for ways around it wanting to put SS into a Roth for my 4 year old daughter (who gets SS based on my full retirement age).

I turned 62 this year and took the money. Used the 1st two checks for a month long vacation. But then SS is not my primary retirement.