[FrankR]

"That forced many to claim retirement benefits at 62, their first year of eligibility, instead of waiting to collect at the full retirement age of 66. "

For me, it was a difference of $300.00 per month, I can pick that up having yard sales and selling scrap metal.

I have never taken any government money, and was very reluctant to sign up for SS, but my kids encouraged me, saying, "Dad you've paid into it all your life, it's yours to have.". They're right, although the government has timed it so you probably will never get out of it what you put in it, unless you live to 90 or something.

Great time for obama to collapse the economy, right here when the boomers start coming of age to draw their pennies.

[fatrat]

drawing at 62 is a no-brainer. draw until you are eligible for the full amt and then if you are still living you can pay back what you have drawn with no penalties or interest and start drawing the full amt. I thought about doing that but i am afraid i will write them the big check to pay them back and then they will suddenly decide to declare bankruptcy and i won’t get any of it back.