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Calculating your Social Security break-even age can help you decide when the best time is to begin taking benefits. You can do that using a Social Security break-even calculator.
Social Security Administration. Understandably, the most detailed calculator on this list comes directly from the Social Security Administration. You’ll have the same basic information available ...
Continue reading ->The post How to Calculate Your Social Security Break-Even Age appeared first on SmartAsset Blog. While you can technically start taking benefits as early as 62, you'd receive ...
A Reddit user pointed out a flaw in the Social Security break-even calculators. He warned that it could take longer than expected to break even because you may need to take more money out of ...
Here's how to calculate it, and how it could help you time when you take your Social Security benefits. One factor that can be especially enlightening is your Social Security break-even age.
If you wait until age 70 to collect Social Security, you would be a little under age 80 1/2 to break even. Discover More: 2 Changes Are Coming to Social Security in 2025 Determining Your Best Time ...