Document Type
Article
Publication Date
7-7-2012
Abstract
For those with expectations of a normal longevity, electing to collect Social Security benefits at or after age 66 is currently recognized as appropriate. However, the question of postponing starting payments after the age of 66 is more problematic. This article will show that discounting the various payment elections becomes moot after a 6 percent discount rate.
Original Publication Citation
"On Collecting Social Security Benefits after Age 66," International Research Journal of Applied Finance Volume III, Issue 7 [July, 2012].
Digital Commons @ LMU & LLS Citation
Higgins, Charles J., "On Collecting Social Security Benefits After Age 66" (2012). Finance Faculty Works. 5.
https://digitalcommons.lmu.edu/fina_fac/5