"Net Present Value Social Security"
brings up dozens of analytics by the financial community. Example:
While many are self serving, the future dollar value calculation is presented with different presumptions of current situation, inflation, future needs, and in some cases more directly tailored to net worth. While never a "one size fits all" solution, looking at some more detailed projections tied to personal situations could make a significant difference over the long haul.
While we took SS @ 62, it was not a decision based on calculation, but need.
As it turned out, because of the higher interest rates at the time, 15 years ago, we are well ahead of the game, and it allowed us to minimize our taxes. Based on the rates for the past five years, the same savings would not apply. (CD rates)