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The Best Reason to take Social Security Early? Time.
Edd and Cynthia Staton describe their reasons for taking Social Security early in this MarketWatch piece. Time, which is constantly being spent and cannot be saved, is the reason cited for starting benefits at 62. The writers cite the evidence suggesting people wait until full retirement age (now 67) or even 70. But they refute that here, noting, “It is tempting to fear you can never accumulate sufficient assets to retire comfortably. Instead, consider asking yourself, ‘How can I manifest the future I’ve dreamed of with what I have?'” Full piece here.