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A Social Security Calculator That Helps Hedge Your Bets

Tuesday, August 2, 2011 - 12:02 PM
From Bucks Blog - NYTimes.com
We can’t predict precisely how long we’ll live, which is why figuring out the optimal time to take Social Security is so difficult.

But the creators of a new tool called Social Security Solutions said that they’ve come up with a way to hedge your bets: Their tool generates a claiming strategy based on how long you expect to live, but it also takes into account that you might actually live longer than you anticipate.

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