The maximum social security payment at full retirement age is currently $3148 per month and $2324 per month at age 62. About $800 per month less. So, the early dipper at 62 collects about $140,000 before his full retirement age. How long does it take to make that back? What is the ROI on that? What is inflation? How long you going to live? How long will SSA remain solvent? Are you still working? Do you need the extra $800 per month? By my analysis, break even is at least 83 years old. My dad died at 83, mom at 78 and all grandparents were dead before those ages. For me, it is an absolute no brainer. We started collecting at age 62.