We were born in ‘50 and ‘52 - both started SS at age 62 vs waiting because the lower amount still put us ahead of the power curve until our mid 70s...I wonder how many wait to get the bigger amount, then die early enough that they haven’t collected as much as they would have if they hadn’t waited.
I’ve thought about that, but decided not to.
The extra income that I have to report on my taxes would put me into a higher tax bracket, so the money would be taken back by government.................
I’m 67 - waiting till I’m 70 to begin collecting because I’m still working.
Taxes will take most of it if I start now while I’m still drawing a paycheck.