True, but starting at 70 you also wouldn't get the first 30 payments of $2,000.
The average lifespan in the US was 77.28 years in 2020, so on average with the the current SS:
So on average retiring at 62 with a reduced benefit you have 15 years to get paid back what you paid in to SS.
At 67 full retirement you have 10 years on average.
It’s money you paid in, not welfare. It was a good idea, but poor implementation, and with our government they just spend it all anyway, no investment, no saving for a rainy day. The just keep spending into a hole, raise the debt ceiling, borrow more, spend more, send more money we don’t have to Ukraine and everywhere else. Rinse and repeat