Do the calculations on the SS web site and see how long it will take to break even between collecting early and waiting for the max.
Thanks. I’ve done that. There’s just such a huge difference between 62 and 66.8 and 70. Just throw the dice
Actually the truth is worse than a simple calculation shows. Look up the "time value of money", learn how to use the IRR function in Excel, and calculate what leaving your own money invested and spending uncle's money can do for you vs. what every financial advisor does, which is to tell you to become more dependent on government by spending your own money early and taking SS later.
Use an interest rate equal to the average stock market performance for the last century, or even the last several decades and you will soon see that the real break even age is 100+.
The boys and girls in government are very clever. When they calculate SS break even ages, they know nothing about interest rates or time value of money, but when one of your payments to the IRS is not right on time, they know all about that and charge accordingly.