Don't lose out on your investment opportunity cost by claiming too late. 62or70 considers them all when optimizing your personal claiming strategy.
Claiming Social Security at 62 means a permanently reduced monthly benefit — but it also means your savings remain invested longer. If your portfolio earns a high enough return, claiming early and investing the equivalent can produce more total wealth than waiting.
At low returns (3–4%), delaying Social Security is almost always the right call — it's essentially a guaranteed 8% annual increase. But at higher returns (6–8%), the math tilts toward claiming early. The crossover point is different for everyone.
When your portfolio earns less than 5–6%, Social Security's guaranteed benefit increase is hard to beat. Delaying typically wins.
If you expect 7%+ returns, the opportunity cost of leaving money in a low-growth Social Security "account" rises. Claiming early and investing can win.
The exact return rate where the optimal strategy flips depends on your age, benefit amount, and health. 62or70 models this precisely.
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