GLOSSARY · RETIREMENT WITHDRAWALS & EARLY ACCESS
Social Security break-even age
The age at which waiting to claim Social Security catches up with claiming earlier, in total benefits received. Living past it makes the later claim worth more; it ignores investment returns and taxes unless the calculation adds them.
Also called: when to claim social security, claiming age break even
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CHAPTER · RETIREMENT PLANNING FUNDAMENTALS · FOUNDATIONSA Retirement Timeline by AgeCHAPTER · RETIREMENT INCOME & IMPLEMENTATION · STRATEGIESSocial Security Claiming for Singles and CouplesRELATED TERMS
SOURCES
- Retirement Age and Benefit Reduction. Social Security Administration.