Beware, those Social Security 'break-even' calculations can be misleading [CNBC]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: CNBC
Tetra Images | Getty Images It generally pays to wait to claim Social Security retirement benefits. That's because the longer you delay — up until age 70 — the larger the monthly check you will receive. One key calculation to keep in mind, though, in deciding when to take benefits, is breakeven, or the point at which the amount you receive if you claim later equals the amount you would have received if you had started early. The age at which you will break even generally ranges from 77 to 83, depending on when you start receiving benefits. Break-even ages for top wage earners turning 62 Monthly Social Security benefits Retirement age Break-even age $2,102 62 vs. 66 Between 77 and 78 $2,806 62 vs. 70 Between 80 and 81 $3,721 66 vs. 70 Between 82 and 83 Source: Charles Schwab Social Security is designed with actuarial neutrality in mind. That is, regardless if you start receiving your ben
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SPGI
Earnings
- 2/9/24 - Miss
SPGI
Sec Filings
- 4/3/24 - Form 4
- 3/22/24 - Form DEFA14A
- 3/19/24 - Form ARS
- SPGI's page on the SEC website