Comments on: When Should You Take Your Social Security Benefits? http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/?utm_source=rss&utm_medium=rss&utm_campaign=when-should-you-take-your-social-security-benefits The AllianceBernstein Blog on Investing Sun, 09 Jun 2013 01:18:01 +0000 hourly 1 http://wordpress.org/?v=3.4.1 By: Dan Eagan http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/#comment-1494 Dan Eagan Mon, 30 Jan 2012 19:51:06 +0000 http://blog.alliancebernstein.com/?p=1029#comment-1494 Good question! I''ll provide the answer in my next blog post. Good question! I”ll provide the answer in my next blog post.

]]> By: john Haran http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/#comment-1290 john Haran Tue, 24 Jan 2012 16:00:33 +0000 http://blog.alliancebernstein.com/?p=1029#comment-1290 Dan, how does this analysis and recomendation change if the person has not yet retired at age 66 and plans to work until age 70 and is earning a much higher income than when the person retires lets say at age 70. At what tax rate is social security taxed? John Dan, how does this analysis and recomendation change if the person has not yet retired at age 66 and plans to work until age 70 and is earning a much higher income than when the person retires lets say at age 70. At what tax rate is social security taxed?

John

]]> By: Dan Eagan http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/#comment-538 Dan Eagan Mon, 12 Dec 2011 15:27:01 +0000 http://blog.alliancebernstein.com/?p=1029#comment-538 As I noted in a reply to another question, below, the Social Security Administration provides several useful online calculators. As I noted in a reply to another question, below, the Social Security Administration provides several useful online calculators.

]]> By: David http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/#comment-517 David Fri, 09 Dec 2011 20:25:09 +0000 http://blog.alliancebernstein.com/?p=1029#comment-517 Is there a calculator that will help show when you would break even from starting at 62 or waiting until age 66 or 70. thank you. David Is there a calculator that will help show when you would break even from starting at 62 or waiting until age 66 or 70.
thank you.
David

]]> By: Dan Eagan http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/#comment-514 Dan Eagan Fri, 09 Dec 2011 16:47:01 +0000 http://blog.alliancebernstein.com/?p=1029#comment-514 There are numerous calculators available online to help individuals estimate their benefits. The Social Security Administration itself provides several, some more detailed than another; one even allows you to input your Social Security earnings data. http://www.socialsecurity.gov/planners/benefitcalculators.htm However, to determine the best option, it is necessary to consider benefits in the context of their overall investment plan. I cannot provide a single answer that will be true for all individuals. There are numerous calculators available online to help individuals estimate their benefits. The Social Security Administration itself provides several, some more detailed than another; one even allows you to input your Social Security earnings data.
http://www.socialsecurity.gov/planners/benefitcalculators.htm
However, to determine the best option, it is necessary to consider benefits in the context of their overall investment plan. I cannot provide a single answer that will be true for all individuals.

]]> By: Dan Eagan http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/#comment-513 Dan Eagan Fri, 09 Dec 2011 16:40:36 +0000 http://blog.alliancebernstein.com/?p=1029#comment-513 The file and suspend strategy only works if the working or higher-earning spouse has reached full retirement age, so it’s not a viable strategy at age 62. For more detail, go to http://www.socialsecurity.gov/retire2/yourspouse.htm" The file and suspend strategy only works if the working or higher-earning spouse has reached full retirement age, so it’s not a viable strategy at age 62. For more detail, go to http://www.socialsecurity.gov/retire2/yourspouse.htm“

]]> By: Barbara Wagner http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/#comment-502 Barbara Wagner Thu, 08 Dec 2011 22:19:50 +0000 http://blog.alliancebernstein.com/?p=1029#comment-502 What is your opinion on the strategy to "file and Suspend" at the age of 62???? What is your opinion on the strategy to “file and Suspend” at the age of 62????

]]> By: Bernard Armstrong http://blog.alliancebernstein.com/index.php/2011/12/06/when-should-you-take-your-social-security-benefits/#comment-500 Bernard Armstrong Thu, 08 Dec 2011 21:31:19 +0000 http://blog.alliancebernstein.com/?p=1029#comment-500 This is not easy to understand. The simple question I have regarding SS is how does one calculate the age crossover point. If one retires at 62 vs 67 when will he reach a breakeven point. Could you direct me to a chart or calculator to determine that. i.e when does getting an earlier amount get washed out by the higher benefit of waiting until a later age. Thank you Bernard Armstrong 203-975.2034 This is not easy to understand. The simple question I have regarding SS is how does one calculate the age crossover point.

If one retires at 62 vs 67 when will he reach a breakeven point.

Could you direct me to a chart or calculator to determine that.

i.e when does getting an earlier amount get washed out by the higher benefit of waiting until a later age.

Thank you

Bernard Armstrong
203-975.2034

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