Writers like John F. Wasik get it all wrong because they never take into account the total amount accrued from Social Security [“Social Security at 62? Let’s run the numbers,” Business/Technology, July 26]. For practical people like me, how much I get out of the system and the certainty of getting it is more important than a temporary comparison at a future point of time.
Let’s look at Wasik’s numbers. He says that if you take Social Security at 62, you may only get $1,000 a month, while at 70, that would be $1,320, a one-third increase in value.
But if you take Social Security at 62, over the next eight years, you would haveMore