Ray just turned 66 He can take social security at that age and it will be $3,000 per month. Alternatively he can defer it to age 70 and receive $4,000 a month. What should he do and what is his breakeven" point in time. Assume that Ray can invest at 4% and that all payments are received at the beginning of the period. Ignore taxes. Prepare a decision matrix to assist him in his retirement planning and make a recommendation. Ray just turned 66 He can take social security at that age and it will be $3,000 per month. Alternatively he can defer it to age 70 and receive $4,000 a month. What should he do and what is his breakeven" point in time. Assume that Ray can invest at 4% and that all payments are received at the beginning of the period. Ignore taxes. Prepare a decision matrix to assist him in his retirement planning and make a recommendation