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Don’t chase a break-even: experts urge holistic Social Security planning

1 min read
Source: CNBC
Don’t chase a break-even: experts urge holistic Social Security planning
Photo: CNBC
TL;DR

Experts warn that break-even analyses for Social Security can mislead when to claim benefits. Since lifespan, taxes, and a spouse’s benefits affect outcomes, the right approach is a holistic plan—often delaying to 70 for a larger, guaranteed monthly check and considering longevity and the couple’s finances rather than chasing a break-even point.

Topics:businesspersonal-finance#break-even-analysis#longevity#note-extra-tag-counted#personal-finance#retirement-planning#social-security#spousal-benefits
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