You can collect his social security at years ol but you would only receive percent. Once you turn 6 you will be eligible for 1percent. My father past and now my mother receives his social security for years now.
You get Medicare at regardless of what you decide about collecting benefits. When you start collecting benefits is a bet between you and the grim reaper.
On average you will collect the same amount over your life expectancy just a. Social security bases your benefit on a formula based on the quarters in which you earned the most money. It is a monthly amount ,although you may receive annula COLA (cost-of-living-adjustment) raises. It continues until death. The maximum being paid out at 6 6 and 70. If you start receiving retirement benefits at age , you will get of the monthly benefit because you will be getting benefits for an additional months.
For someone at full retirement age (currently 66) the maximum amount is $ 8, and for someone aged the maximum amount is $ 209.
Say your full benefit amount is $ 5a month and your full retirement age is 67.