Social security: Collect 'Age 62 vs 70' but Age 67 is best because math

[FIREin2018]

https://www.youtube.com/watch?v=jtBv1HZK0k4

According to this wealth mgmt company founder, age 67 is best.
He runs the #s at age 62, 70 and 67. (Starts 5:30 mark)
Age 67 has a slightly better chance of keeping your standard of living than age 70. (Assuming you're also drawing from a nestegg)

Obviously, when should you  collect depends on your financial and health situation.
oh, if you choose age 70, you need to live past age 78 to breakeven over choosing age 62.

edit:
my strategy of File and suspend has been disallowed since 2016.
 Thx reeshau

[reeshau]

File and suspend was disallowed in 2016.

https://www.investopedia.com/terms/f/file-and-suspend.asp#:~:text=File%20and%20suspend%20was%20a,2

[Scandium]

Why do these guys always assume we're still in the 1950s, and the "stay at home spouse wife and/or who earned less"?! My wife makes the same income I do and our social security will be the same.

[dandarc]

Unsurprising that this analysis is out of date and likely just wrong because "According to this wealth mgmt company founder . . ." - being this involved with a wealth management firm usually means good at sales and little to nothing else.