Exactly why I applied at a lessor payout when 62. I wanted my money back while still available. I've done the math, and with the early lower payout, I've currently gotten back more than if I waited to 65.
If you live to 90+ you will have lost some money.
Yep. Start as early as you can and if you need more income, do part-time work. SS is free money you paid for, don’t gamble on what’s behind Door #3.
“I’ve done the math, and with the early lower payout, I’ve currently gotten back more than if I waited to 65.”
That’s why I took it at 62, over the long haul you get more.
Same here at 63.