May I respectfully ask you what actual consequences you have therefore taken / you recommend that others take?
Retiring early? Waiting, and retiring late? Retiring, but never actually applying for the benefits due you under the system?
I respect your standpoint, but would very much appreciate hearing what you believe one should then actually do about it.
Regards,
I took SS at 62 years ago.
As I sit here in 2017, looking forward 8 years, I can speculate with some justification that the present value of taking SS now far exceeds the value at 70.
You will make more money investing the age 62 SS funds over the 8 years than you will gain by waiting till 70. Economic growth is going to continue.
Consequences?
I’m not taking unlawful benefits for myself.
I also consider retirement as a concept to be foolish. It’s fine if someone can meet all their own needs and they are okay with shouldering all their own needs, but it’s a bad idea to expect retirement.
Families should take care of their own. Congregations should take care of those who have no one and cannot take care of themselves. People have the right to ask other persons for help (voluntarily given from their own means).
It isn’t the federal government’s enumerated power to be concerned if I starve while living in a box under a bridge.