A major retirement decision is when to start claiming Social Security benefits. There are many ways to visualize the decision process, and here is another interesting one based on taking the “Net Present Value”. Essentially, you are taking into account the time value of money to aide your comparison, here assuming a 4% real return (which is both rather optimistic and yet somehow less than what people have received over the last ~10 years).
Source: Ways to Wealth via Early Retirement forum.
If you just go off this chart, you might get a different takeaway than if you used the default answer on free sites like Social Security Optimizer by T. R...
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