The Client Managing Your Retirement Income Marketing Workshop Page 14

For more information:

800-772-1213 or www.ssa.gov

Key factors to consider are
health and longevity risks.

Breakeven for age 62 and Full
Retirement Age (FRA) benefits
occurs around age 78.

For beneficiaries born after
1943, 8% increase for every
year delay past FRA up until
age 70.

Potential reductions due to
employment and taxation of
benefits.

Impact on surviving spouse
benefits.

$21,120

$16,000

$13,856

$12,000

Annual

Benefit

Age

75%

87%

100%

132%

% of

FRA

Amt.

Postpone Social Security benefits

to close gaps (option 6)