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Graphic: When Should You Take Social Security

1. Social Security benefits are based on up to 35 years of earnings. The example represents a rough calculation based on a current salary of $100,000.

Next Steps
Learn more about timing your Social Security benefits at

Important Disclosures

Benefits estimates based on data from, shown in today's dollars, using SSA's Quick Calculator as of 6/4/2014, for someone born January 2, 1953, and making $100,000. Retirement date is on his birthday and the accumulated annual benefits for each age reflect a full 12 months of benefits. No cost of living adjustment is included. Time value of money is not considered in the example.

The information provided is not intended to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends that you consult with a qualified tax advisor, CPA, financial planner or investment manager.


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