“I don’t want an early in at 62, but will anything ne there at 65? 67?”
I am decades from retirement, so I am not faced with your decision; but I had just that same conversation with a friend who just turned 62. His conclusion, which I agree, is that in the near future SS payments will need to be reduced or eliminated for the “wealthy”—for those who have accumulated other savings. For example, he predicted that a person’s payment might be, say $3000 a month less other retirement income [company pension, 401K] that the person receives or is deemed to have received from just owning principal.
The long and short of it is that my friend figured he may not receive SS payments for long because the program will be going broke, so he took what he could up front.
Not that I have a lick of insight into this, but I'm thinking that there will be some sort of buy-out, eventually. There's got to be some way of getting people off of the rolls.
Of course, I live in reality. Unlike the government.