In Reply to: Re: SS Benefits posted by Tim Daley(MI) on January 18, 2018 at 09:45:38:
The idea when I signed up was to let the SS deposits accrue in a separate account, invest the money, and hopefully come out ahead as the break even point was so far into the future with deferral.
With the option of a reduced benefit, a break even point of less than six years for deferal, and an 8% yearly increase in benefit on my account, it seems deferring is the way to go.
If I was to sum up what you said, I think it would go like this. The money is not going to run out, and the deferred benefit is worth waiting for.