I’m not close to Soc. Sec. age yet, but I operate under the general premise: “a promise from politicians means nothing, so its better to get what you can, as soon as you can”
Agreed, which is one reason my wife and I will start collecting SS as soon as we each turn 62.
Another reason is for those of us who do retirement financial planning independent of SS and plan to retire before we can collect SS. For us, the SS check will be gravy on the top.
Also, another way to look at it is, the sooner I start collecting SS, the more I can put into our retirement investments (Roth IRA's and Roth 401K as long as my quasi-retirement income doesn't exceed the maximum income limit for Roth contributions). So if you're still working at 62 and don't need the SS check, start drawing it anyway and invest it. Or if you're retired and financially set to not need the SS check, take it early anyway so that you have to withdraw less from your investments for money to live on (thus the investments grow more and help you beat inflation, which delaying SS doesn't do as good at).
GMTA. I pulled social security at 62 as I don’t trust the government. They’ve jacked up age requirement since I started working.