My Friend’s ‘Experts’ Say to Grab Social Security at 62 and Invest It. Here Are 7 Reasons They’re Wrong.

I was having a few beers the other day with my friend Tom. His 62nd birthday was coming up, and he hit me with a plan he was pretty proud of. He told me he’d picked it up from “a bunch of experts.” Take Social Security at 62, he said. Invest every check. End up richer than if he’d waited until 70. On paper, it sounds clever. Grab the money early, let the market do its thing, laugh all the way…