Navigating Social Security Imbalance to Optimize Retirement Benefits
Monday, 6 May 2024, 18:00
Why Social Security no longer works as originally designed
Social Security, a cornerstone of retirement for many Americans, faces imbalances due to outdated data and design.
The numbers every retiree needs to know
Learn how your monthly benefits are calculated and the impact of different claiming ages on lifetime income.
- Claiming Age: 62 - 70%
- Claiming Age: 70 - 124%
How long do you have to live to make it worth the wait?
Explore breakeven ages for different claiming decisions and the importance of life expectancy in maximizing benefits.
Here's what the government data says
Get insights from the CDC's life expectancy tables and understand why waiting until age 70 can optimize your Social Security benefits.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.