I agree with what you're saying, but the numbers don't jive if the raise from age 62 to 66 is 20% higher (20% added on to $1600 is $1920 not $2400). I haven't researched the exact percentage; the percentage increases even more if you don't take SS until age 70, however you better plan on living a long time! I guess you need to take a look at your overall health, the financial needs of your spouse should you pass early, etc.
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