Calculating Break-Even Ages for Delaying Social Security Beyond Normal Retirement Age

Muksian, Robert
March 2006
Journal of Financial Planning;Mar2006, Vol. 19 Issue 3, p70
Academic Journal
The article focuses on the pros and cons of delaying receiving Social Security retirement benefits. Retirees have the option of retiring as young as 62 years old and must retire by age 70. The article analyzes three possible retirement scenarios for workers who decide to continue to work, but take benefits at the normal retirement age, which is between 65 and 66 years old. The paper looks at the options of: spending the after-tax amount of benefits; investing the after-tax amount; and invest the after-tax amount and then make monthly withdrawals from the investment beginning at age 70.


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