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Chart of the Day: When to Take Social Security

Crews Bank & Trust Wealth Management Services Apr 13, 2023
chart shows expected longevity versus expected annual rate of return

Contents

Today’s Chart of the Day from J.P. Morgan shows when to take social security to maximize benefits. It depends on how long you expect to live. For men, delay until age 70 if you think you will live past 77. For women, delay until age 70 if you think you will live past 81.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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