General Discussion
In reply to the discussion: Hey Boomers, let's rejoice! The reason our Soc. Security is delayed for two years is [View all]truedelphi
(32,324 posts)Your Social Security monthly payments are going to be approximately some 35% less than if you waited until you turned 67.
I applaud your optimism. And your ability to navigate the system and get what you want now rather than later. Only you know if you are making the right choice. Whether it is or isn't the right thing to do is up to you. In my family, people live to be ninety, so my thinking about taking on the earlier settlement weighs heavily on me.
However, the fact remains that millions of Baby Boomers are being forced onto Social Security early, as although they are willing to work, few employers will hire them. If they are hired on, they are hired on as part time only. This is all a contrivance by employers to avoid having to pay the steep health insurance premiums of people over 55. (This was happening BEFORE the ACA took effect, so I am not attempting to slur the ACA in my reply to you. If anything or anyone, I am attempting to slur the greed of some Big Employers!)