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3 months agoI’m not a fan of raising it but you’re just incorrect and ought to look into how this works.
You can start pulling benefits out at 62 but you can collect more per month the longer you wait.
There is nothing stopping you from deciding at age 62 to start collecting if you’re fine with the lower amount.
Next, the amount provided is never promised. You pay into Social Security for current benefit recipients and Social Security gives you an estimated amount of benefits you may see. This is called out many times, and I implore you to utilize the information on its site effectively.
Here’s the disclaimer:
We can’t provide your actual benefit amount until you apply for benefits. And that amount may differ from the retirement estimates because: …
- Your estimated benefits are based on current law. The law governing benefits amounts may change. Congress has made changes to the law in the past and can do so at any time.
Have fun being mad at the world. It isn’t good for your blood pressure.
If you haven’t made an effort to get ahead of the potential nonsense around social security with 40-50 years of notice, that’s on you. The Republicans have made it no secret they’ve been wanting to tear it down, especially through the 90s.