Social Security Optimizer vs Whenwise

When to start taking your Social Security benefits? This is a critical retirement decision. You may start as early as 62 but the payment reaches full potential at your Full Retirement Age as set by the Social Security Administration. The monthly payment can grow even further if you decide to wait till age 70. It is nice start getting the funds sooner than later but does it really work out better? The answer depends on how long you plan on working, marital status, life expectancy, inflation and other factors. A careful analysis is needed to make an informed once-in-a-lifetime decision. This app, Benefit Optimizer for Social Security (Boss) is developed to help you evaluate such important factors and analyze your options. Boss is designed by financial planning specialists who have been serving professional planners with comprehensive solutions for decades. The essential elements needed to analyze the benefit options are packed in a simple app that can be used by all potential retirees. Some of the key features of Boss include- • Benefit profile of Singles • Benefit profile of Married couples • Compare options • Minimal data needs • Condensed and detailed results • Tabular or graphic reports • Break-even analysis • Cash needs fulfillment analysis • Income tax impact analysis • Future value analysis • Fully documented operation · Boss displays full-span reports & Graphs that can also be printed: • Monthly Benefits • Annual Benefits • Cumulative Benefits • First Full Year • Monthly Payment Graph • Option Comparing Graph • Cash Needs Fulfillment Pie Chart Quick & Easy Analysis with Boss is quick and simple. All you need for an essential analysis is a birth date and the benefit amount at full retirement age (FRA). The Social Security Administration provides the FRA amount to social security payers periodically. With these two data items entered you are ready to analyze. Pick an eligible month and year to view benefit details. Enter different option and view the comparative results and line graphs for an easier grasp of projected results. This simple exercise can now be expanded with other factors such as the inflation rate, life expectancy, rate-of-return, expenses and tax related information. Use with confidence You can use Boss with complete confidence for the security of your data and the integrity of computations. Your data stays in your device all the time until you delete it. Boss is developed and supported by a team of professionals located in USA that have been providing applications to financial planners for over three decades.

When should you take Social Security? Whenwise shows you, to the dollar. Enter your birth date and recent earnings. In under a minute, see your estimated monthly check at 62, 67, and 70, computed with the Social Security Administration's own published formula and 2026 values. This first estimate is free, and nothing leaves your iPhone. UNLOCK YOUR FULL CLAIMING PLAN A Whenwise Plan subscription unlocks everything Whenwise computes for the claiming decision: • Every claiming month from 62 to 70: slide and compare • Break-even analysis with your own planning horizon • Spousal benefits, finally clear, including the couples' grid • What you'll actually keep: benefit taxation and Medicare IRMAA awareness • RMD calculator from the official IRS table • Advisor-ready PDF report you can print and share • Import your my Social Security statement so estimates use SSA's actual record of your earnings, read on your iPhone and never sent anywhere • Fresh numbers every October when SSA announces the new year • Tap any card for a plain-English explanation WHENWISE PLAN PRICING $39.99 per year with a 7-day free trial, or $4.99 per week. Payment is charged to your Apple Account at confirmation of purchase. The subscription renews automatically unless canceled at least 24 hours before the end of the current period. Manage or cancel anytime in your Apple Account settings. PRIVATE BY DESIGN No account. No email. No SSN. Your information stays on your iPhone. HONEST BY DESIGN Every number is labeled with its assumptions and sources: the Social Security Administration's published formulas, IRS tables, and Medicare's official premium schedule. What we don't compute, we say so in plain English. Whenwise provides educational estimates, not financial advice. Whenwise is independent and is not affiliated with, endorsed by, or connected to the Social Security Administration. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Terms: https://whenwiseapp.com/terms · Privacy: https://whenwiseapp.com/privacy