I mean, I’m only 27, but 65 will come quickly!
You can sign up for SS whenever you wish and you’ll be in the system. Three months before hitting 65 is cutting it close. I don’t know how the healthcare game is played but I have great work coverage that I don’t want to lose until absolutely necessary. I believe you tell the gubmint when to turn on the SS monthly payments. Waiting longer means larger checks but I’ve read where taking the loot ASAP works out well. Having additional income tops out around $20k and they start shrinking the SS payments if you go over that amount. I don’t care. Give me back my cash at the earliest date and I’ll work out the other details. 100% return in the SS check depends on age but once the checks start flowing, your amount remains the same forever. A guy at work is waiting until he’s 70 and will get 123% in his checks. He’s got a few months to go but boy does he look tired. Ain’t got no time for all that.
My proposal gives me back ALL the scratch I sent to DC over many years. One lump sum. I hear it’s in a lockbox somewhere. Should be easy.