The fallacy of "waiting" to collect social security
If you are a savy disciplined intelligent investor/money manager/professional,you know that you can obtain a far greater return by taking present day/value dollars,and investing them in a high yielding vehicle.A simple vanguard mutual fund/etf,(the best in class and no/low fees/expenses),historically yields at a minimum in the 10% range excluding dividends and reinvestments.That alone,militates against "waiting" for several years for the government to "give" you an extra 4% to 8% on your initial "early" social security payout.Also,if you are in a higher income/net worth level,the taxes on any benefit will no doubt increase substantially in the future and/or result in decrease benefits and means testing.I am a well to do quite accomplished attorney,ceo and member of the accredited investor class,and there is absolutely no logical and/or rational rationale to wait one extra day to collect social security benefits for the reasons aforementioned,leave alone the program solvency and life expectancy risks to boot.Godspeed and Namaste,Stuart Rothenberg Esq.