Start receiving social security retirement benefits

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Reference no: EM131097986

What is the best age to start receiving Social Security retirement benefits? To help make that decision, use the Social Security Break-Even Calculator available at the web-link posted to compare the cumulative Social Security retirement benefits paid beginning at three different starting ages: $1,754/Month at age 62, $2,603/Month at the full-retirement age of 67, and $3,299/Month at age 70), and estimate how long it will take for the cumulative benefits begun at a later age to equal or "break even" with the cumulative benefits begun at an earlier age. Screen capturing or printing the resulting graph and other information for upload, at what (break-even) age for this retiree are the cumulative benefits essentially the same? When do you think you would want to start receiving your Social Security retirement benefits and why?

Reference no: EM131097986

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