Social Security: The Best and Worst Years To Be Born

[Shermann]

15. The retirement simulators tend to support your strategy

The SS benefits formula is designed to be a wash regardless of your primary benefits filing age, based on the actuarial tables. If you beat the odds and outlive everybody, you generally come out ahead delaying filing. The risk there is in burning through too much retirement savings trying to hold out for age 70.

Some feel there is also risk in delaying benefits due to the threat of SS insolvency, and you should get what you can get while you can. I believe there is a lot of gaslighting in the MSM on this issue, so the real risk there is difficult to ascertain.