It's very simple--just do the math.e.g. If you intend to continue working beyond the age of 62--DON'T TAKE EARLY RETIREMNET. On the other hand, if you're sure you will not need to work after 62, go ahead and retire early. Just know that the Govt. will punish you severely if you decide to continue to work---you'll lose all or most of any soc. sec. you have coming, while you are working. GOOD LUCK.