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 language | American English |
|---|---|
| Pages (from-to) | 929-939 |
| Journal | International Research Journal of Applied Finance |
| Volume | 3 |
| Issue number | 7 |
| State | Published - Jul 7 2012 |
Disciplines
- Finance and Financial Management