Tag Archives: discount rate

Discounted Present Value of Social Security Benefits

I just heard yet another “personal finance expert” offering some stupid advice on Social Security benefits. Social Security benefits generally become entitled at age 62. If the beneficiary defers receiving benefits for a few years, then higher monthly benefits are entitled. The so-called expert recommended NOT to elect to receive benefits at age 62, and to […]

Posted in Time Value of Money | Tagged , , , , , | Comments Off on Discounted Present Value of Social Security Benefits