Subject: Re: What's worse than lottery tickets?
rayvt,

<< They decide that the utility of the SS money has a higher value now than years later. >>

Again, that's the piece of the math that you're missing. Unless you have literally no savings, or a medical diagnosis that provides a pretty firm expiration date for you in the near term, it's always going to increase the amount of money you can spend over your lifetime, by spending down some of your nest egg to delay the start of SS.

Taking SS at age 62 actually reduces the amount of money you can spend today, if you're still planning to live after age 70.

intercst