This course makes it easy to consider the timing of your Social Security Retirement Benefits. With just a few entries in a spreadsheet, you can quickly see how starting early or waiting until later affects your monthly retirement benefit. In addition, you can see the financial value of your choices over a long span of retirement -- up to 100 years of age.
There are two spreadsheets in this course: one designed for people born in 1960 and later; and one for people born between 1943 and 1959. These versions sync with Social Security retirement guidelines on the agency's website. Also included are video instructions on using the spreadsheets.
Julie Rains is a writer with interests in personal finance, investing, faith, and fitness. She holds a Bachelor of Science in Business Administration with a concentration in finance from The University of North Carolina at Chapel Hill.