Delaying Social Security can outperform investment returns
But break-even period can be at least 20 years.
Anyone with a passing knowledge of the time-value of money knows that $1 in hand today is worth more than $1 at some time in the future. Consequently, the incentive to invest today is based on the presumption of a larger payoff later.
One reader wrote to me recently vehemently arguing against the w
Learn more about reprints and licensing for this article.
