Vol. 01 · Issue 04

The Smart Money — Weekly personal finance dispatches

Personal finance for people who want to be great with money — written by the friend who already is.

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← The DictionaryRetirement Desk

Social Security Breakeven

What it is

The age at which the total dollars you'd receive from delaying Social Security equals what you'd receive from claiming earlier.

What it really means

Usually around age 80. If you expect to live past 80 and have other assets to draw from, delaying to 70 is the highest-return, lowest-risk decision in personal finance.

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