Social Security Retirement Pay Comparison
This will produce a table showing by month money you receive from retirement. It has two columns. The first column is the amount you receive when you start retirement. The second column is the amount you receive if you wait for full retirement. It sums up the amounts and subtracts the full retirement from the start retirement column. When the sum of the full retirement exceeds the begin regirement amount, that's when you break even. This does not take into consideration any money you would receive if you invested money received from Social Security. If possible it is always better to take your Social Security as soon as possible.

The rules are changing, so you must enter you the age and amount you will receive at full retirement. You can get information from the social security deparment showing your retirement amount by age you retire. Generally speaking if you retire early your pay will be about 20% less than full retirement.

Age Starting Retirement:Amount
Age At full RetirementAmount
Calculate to Age
Calculate Exit