%0 Journal Article %A Tom Arnold %A John H. Earl, Jr. %A Terry D. Nixon %T Social Security Decisions: Should Recipients Opt for Early Payments? %D 2023 %R 10.3905/jwm.2023.1.196 %J The Journal of Wealth Management %P 8-16 %V 25 %N 4 %X Two Excel-based templates are developed to help determine when it is optimal for starting to receive monthly social security benefits. The decision information accounts for uncertain life expectancy by implementing a rate of return that should be set, at a minimum, to the individual’s expected return on investments or based on a metric provided in the article that considers potential life expectancy. %U https://jwm.pm-research.com/content/iijwealthmgmt/25/4/8.full.pdf