Raees wrote: I've got friends who have taken their social security early. I don't understand the math but they say if they live past 74 or 76 they will come out ahead. Or maybe it's if they die by 74 or 76 they will come out ahead.
If you take your SS early, you would need to die early (after age 62) to come out ahead, not that it makes a lot of sense.
But a lot of people need the money to live on and if so, you might as well get it as soon as you can.
If you can afford to wait, then it's best to wait unless you have high risk (long time smoker) or a serious health issue.
