Early vs. Full Retirement - What is the breakeven age for SSA Benefits?
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Early vs. Full Retirement - What is the breakeven age for SSA Benefits?
In this video, I demonstrate how to calculate the Social Security breakeven age using two methods: a simple formula you can calculate on your phone using the calculator and a detailed example in Excel. The break-even point represents when the cumulative benefits even out. Comparing 62 to 67, you have been collecting money for 60 months. When ...
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