I was assuming that you were choosing to not be working as of 62, so you were electing to get the smaller Soc Sec benefit by drawing early versus waiting to get the larger benefit by drawing later.
I know each person has to do their own calculation.. and see what would be the difference between those two numbers.
I probably would not be willing to be so flippant about it, except that I have a bit of an assumption that bitcoin is going to do well whether someone is turning 62 in the next few weeks or maybe within the next 5 years or more, and surely the longer that we have before turning 62, the more we would be able to build up our BTC investment prior to reaching that date in which we would be able to choose the option of starting to receive the benefit early versus choosing to receive the benefit at a later date.
My idea about Bitcoin is completely different because Bitcoin can be invested at any moment at any stage, if you invest here, there is a profitable stage where the number of losses is very low.But one problem here is the security of the account. There are many exchangers where you want to keep it personally, but if you keep it in your own account that supports the software, it is risky to keep it there.It is often heard that when a bitcoin device is lost, biting is lost and everything else is fine. Here I think we should be a bit cautious with real assets as Bitcoin assets and wait for a long time.Since Bitcoin gives extra profit, there is no doubt that the extra profit will be the most if you keep assets in Bitcoin or hold Bitcoin.
Your investment timeline still matters in regards to when you start to draw upon your investment, and maybe someone who keeps working will not be very much dependent upon which sources of extra income that he might have.
Once he stops working, that's another story, and so there may well need to be some ability to supplement his income from his various retirement sources, and maybe even more with the passage of time, if the various retirement funds might not keep up with inflation.
So if a person is new to bitcoin, and he might want to stop working at 62, then maybe that is fine if he is 58 years or younger because he would have at least 4 years to invest... but yeah, people can do what they want, even if they have less than a 4 year timeline, but it becomes less assured to do that, and many of us in this thread do not advocate playing the waves of investments into bitcoin that are less than 4 years.. but sure some guys will do it. and still will end up o.k. with their playing with bitcoin in periods that are less than 4 years in time.
Here since you are talking about an age 62 years or 60 years a person mostly wants to retire. Among them there are some people who usually want to roam around or travel abroad and there are few people who want to invest in various activities. Now the important thing is that since Bitcoin gives more profit every four years and it has a time frame of four years it is very important to think about what he wants to do next. Many people think that after the age of 62 he will not need any income because he has enough money and assets. And many think that if he is healthy till the end of his life or the last days of his life, it may be important for him to invest and learn new things. Around the age of 60, most people wish they could travel and take vacations.Very few people can be found here who take the decision to invest around the age of sixty.