"...Because today's workers will be tomorrow's retirees, the timing of when single people choose to collect Social Security benefits will have a big impact not only on their own retirement income but also on public policy and the economy in general.
Ironically, assuming that a single person lives to 80, it makes almost no difference when he or she begins drawing benefits. The cumulative lifetime benefits from Social Security will be about the same whether reduced benefits begin at 62, full benefits are taken at 66 or en-hanced benefits start at 70.
Say our fictional Ms. Single is entitled to..."
