I will be 65 next April and will qualify for the state pension. I did think of deferring it as they raise it by 1% for every 10 weeks you defer and I will still be in full time employment. However, I think for diabetics it is better to just take the cash because average life expectancy for type 2 diabetics is only about 77.
The biggest factor for diabetic mortality is heart disease and strokes. Another thing which concerns me is the increased likelihood of getting dementia. Both heart disease and dementia are related to glucose spikes and high levels of insulin.
Most type 2 diabetics have insulin resistance and I assume I am in this group. This is the reason I was obese and by reducing carbs I have lost 15 Kg, mostly visceral fat around my waist. I still have a few more Kg to lose to have a BMI of 25 and hopefully I have cleared most of the fat around my pancreas. I may need to do some intermittent fasting as a final push to burn off this remaining fat.
There is a concern that my Beta cells may give out over time and I may need other medications. In the meantime I am relying on a LCHF diet and intermittent fasting as the best way to treat my type 2 diabetes as it results in low blood sugars and low insulin.