Now, I taught junior high school math for three years, so when I saw this simple equation, I knew I could solve it quickly and I did just that. Before you see my answer, go ahead and solve it for ...
If you’ve spent any time planning for retirement, you probably know the basics of Social Security: most people can start claiming benefits at age 62, reach “full retirement age” (FRA) between 66 and ...
The problem with the “basic math” behind delaying Social Security is that it often overlooks longevity risk. While it’s true that waiting longer increases your benefit, your total lifetime payout ...