finance to finance to

timer Asked: Apr 2nd, 2015

Question description

Visit the Retirement Estimator at the Social Security Administration website ( --> Click on calculators --> then click on quick calculator). There you will find a quick calculator that can be used to estimate your Social Security benefit in today’s dollars. Use an income figure that approximates what you expect to earn in the first full year after graduating from college. When the calculator provides your answer, click on ‘‘break-even age’’ to see when you would be better off if you had waited until age 67 to begin taking benefits rather than age 62.

Tutor Answer

(Top Tutor) Studypool Tutor
School: UIUC
Studypool has helped 1,244,100 students
flag Report DMCA
Similar Questions
Hot Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors