I really doubt this is permitted by Social Security (taking it at 62 and paying it all back at 70 as though you never got it in the first place), though I could be wrong. It doesn’t make sense though because first of all you’d be paying taxes on a good portion of it since you’d apparently be living on other income, and few investments will return the percentage that Uncle Sam takes away.
Basically, though, I doubt SS will let you do it anyway.
See my post #88. I was mistaken. I read that somewhere but after posting decided to check SS website:
http://www.ssa.gov/retire2/withdrawal.htm
You can do that for a year so everyone should know that they can change their mind.
My viewpoint is that the government benefits if you wait and what is good for the government is never good for us.
I don’t think they will do away with SS but they will inflate it away. The check that maybe covered your bills when you retired won’t cover an Obamacare bandaid 10 years hence.
Retire from your paycheck job, take your benefits, and start a cash business. Obama and Holder have demonstrated that there is no longer rule of law in America. If our voting laws mean nothing and our laws governing our borders mean nothing, then our IRS laws are meaningless. Act accordingly.