SSA: File now or wait till 70? Need advice on maximizing benefits

I found a way to solve when to file Social Security, watch this: https://www.youtube.com/watch?v=ZJCo8VFDUgk

I was in the same boat a few years ago. Here's what I learned: • Filing early (before full retirement age) reduces your monthly benefit permanently • Waiting until 70 maximizes your monthly benefit • Consider your health and life expectancy • Look at your current financial situation - do you need the money now? • Factor in potential cost-of-living adjustments • Don't forget about spousal benefits if you're married My advice? Create an account on the SSA website and look at your estimated benefits for different ages. That really helped me visualize the difference.

idk man, with the way things are going, I say take the money and run 🏃‍♂️💨 who knows what'll happen in 8 years lol

Have you considered partial retirement? You could start taking benefits now and continue working part-time. That way, you get some income from SS and can still save more for full retirement.

I found a method to get someone on the phone at SSA. I used this site's (claimyr.com) calling tool that dials the phone menu, stays on hold, waits for a live agent to pick up, then sends the call to my phone. It does cost $20, but it works. Here's the URL: https://www.claimyr.com

Here's my hot take: file as soon as you can. You never know when your time's up, might as well enjoy the money while you can. YOLO 🤘😎

Has anyone actually crunched the numbers on this? Like, at what age do you break even if you wait vs. filing early?

Whatever you decide, make sure you understand how working affects your benefits if you're under full retirement age. They can reduce your benefit if you earn too much.

Am I the only one who thinks its ridiculous that we have to jump through all these hoops just to access OUR OWN MONEY that we've been paying into for decades? The whole system needs an overhaul smh