US Question. Will the people that have to wait until 70 to get Social Security ever get what they paid in to it back out before they die since men's life expectancy is only 77 now?
I don't think there is an earlier option for less money anymore but could be wrong.
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There is an early option for less money.
You can start at 62 but you get twice as much if you wait until 70.
What a gamble.
I get $2,177 a month at 62, $2,681 at 65 (Medicare age), and $3,836 at 70. I also have a pension, and a 401K. There is an incentive to work longer, but I don’t need to. Most of the people I work with retire around 65.
What's twice as much as $0?