Social Security at 62, 67, or 70: Good, Better, Best?

When should you start taking Social Security? David Cole, a retired CPA and former CFO, walks through the tradeoffs at 62, 67, and 70 on Gen X: What’s Next? This episode covers income needs today, larger monthly benefits later, work before full retirement age, household planning, and why retiring from a job and claiming Social Security are separate choices. The example assumes a $2,000 monthly benefit at full retirement age of 67, a fixed earnings record, and no future cost-of-living adjustments. It is hypothetical and before taxes and Medicare deductions. Actual estimates depend on your record and circumstances. This is general education, not an individual claiming recommendation. Spousal and survivor benefits have additional rules. Share what helped you choose—or what you’re still trying to decide—and subscribe for more retirement conversations. Official resources: SSA.gov/myaccount and the Social Security planning pages at SSA.gov/benefits/retirement/planner. #SocialSecurity #RetirementPlanning #GenXWhatsNext