Determining Break Even on Social Security Income

The factors you should be looking at when considering how long it will take you to break-even when you wait to take Social Security retirement are more involved than you may think. First of all, the decision of whether or not to take social security benefits as early as possible, the month you turn 62, …

Benefits of Waiting Past Full Retirement Age to Receive Social Security Retirement

What are the benefits of waiting past full retirement age to start taking Social Security retirement income? The year you were born determines when you are considered to reach full retirement age for Social Security purposes.  At full retirement age you are eligible for 100% of your primary insurance benefit. A fully insured worker is …