Coming up on 55. Will collect at 62. I will get what’s mine or people will pay. I know I’m not alone. Did anyone predict that the end of this country would be at the hand of the elderly. Maybe not the end, but the end of whatever they call this now, a free for all. I’ve worked and paid in for 40 years...I’m going to get what I’m owed, or I’ll take my pound of flesh.
“Will collect at 62”
Unless you are in poor health, it generally is best to hold off collecting Social Security until you hit full retirement age, which for you is 67 I believe, or for as long as you can before age 67.
SS cuts your benefits by 8% a year before full retirement age, I believe.
One can run down their assets, go on food stamps and in my county delay paying property tax after a certain age.
Even delaying by just a year spares you from an 8% cut.
You have to expect to live at least 12 years to expect that 8% reduction avoidance to pay off.