[Leaning Right]

> That’s if you make it to 70. <

Good point. When I was trying to make the decision, I checked a government website. If I recall correctly, it was the official Social Security website.

Anyway, the advice there was to hold off as long as possible to collect benefits.

So I’m thinking, maybe they’re hoping a good portion of us will die before 70. That should save them a few bucks.

No thanks to that.

[Texas Eagle]

I think the old adage of "A bird in the hand is worth two in the bush" is worth considering here.

I'm guessing we all know people who died in their early to mid 60s who never collected a penny in Socialist Security.

[ClearCase_guy]

I think that’s exactly correct. SS has a few things in common with Ponzi schemes. If the government can collecte money from everyone, that’s good for the government. If the government can convince some people to delay collection until — whoops! — you’re already dead! then that’s good for the government. In short, the government would love it if everyone waits until age 70 to collect. That’s good advice for some people, but not for everyone. I never trust the government.

[woodbutcher1963]

I think there are a lot of people who decide I might as well take it because who knows IF I will make it to that.
I am 62.
My dad lived to 77. Mom to 92.
Even though I don’t anticipate needing the money when I retire, I still want back what I have put in since the age of 14. When I had the first job I paid in to SS.

Ever since Covid the LIFE EXPECTANCY has decreased. Maybe that was part of the plan.