"assuming i get my 30 years in and retire at 62, i am supposed to get 72% of my gross for the rest of my life. "


Sadly, they factor in the death variable. They are banking on the fact that most will keel over long before they have exhausted their total benefits due to them. This is why the payment is structured, instead of a lump sum payout :D

In fact, didja know, if you die and are receiving SS benefits, the government will recall the last SS check sent to you even if it was already deposited and / or spent ?

Gotta love that one :|

I have zero plans on working till I'm 62. I would like some time outside of the daily office grind to do things assuming my health allows for it. Have known too many folks who died within a year of retirement for me to stick around longer than necessary.