Q & A
If I delay taking benefits until 70, how long before I break even versus taking benefits early?
Answer: For most people the breakeven age should not be a driver of a strategy for taking Social Security benefits. Since a couple age 65 has about a one in four chance that one spouse will live until age 95,* chances are that one spouse is likely to outlive all the breakevens and is likely to need the guaranteed, inflation-adjusted income Social Security benefits provide. Read more.
Source: http://individual.troweprice.com - September 14, 2013
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