[arthurus]

If one starts SS at 62 then one is receiving fewer dollars per month but those dollars will buy more goods and services than the higher greater of dollars he will receive each month if he waits until a later time. Real inflation , reflected in the prices of goods and services is running at 6-10% per year. Social security cost-of-living increases are rather less than that.

[miss marmelstein]

A lot of my friends are opting for the earlier benefits - mostly because of the Obama economy but also because they fear they’ll either die before full benefits or the benefits won’t be there by the time they’re 65 or 70.

[Leaning Right]

Real inflation , reflected in the prices of goods and services is running at 6-10% per year. Social security cost-of-living increases are rather less than that.

Yep. That was the tie-breaker for me.

[dfwgator]

Plus who knows if SS will be around by the time you’re 70.

Get it while you can.