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Your table does not address one important point.

For years 1 - 3 of the "take it at 62" scenario, you are not removing $18,000 each year from your savings/IRA/401K. It continues to grow if it is properly invested.


No. You double counted. You counted $1500/mo from SS for living expenses, but you also counted that you saved that same $1500 in order to be able pay it back.
You can't both save it and spend it.

In fact, when I mentioned this refile technique to my retired neighbors last year, they laughed in my face. They said, "Yeah, and where are we going to find $60,000 to pay SS back? Stop eating for 4 years?"
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