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Tay, age 62, wanted to consider the benefits of age 62 Social Security at a reduced 75 percent versus full payments at age 66. She
Tay, age 62, wanted to consider the benefits of age 62 Social Security at a reduced 75 percent versus full payments at age 66. She could invest the amount at 3 percent after tax and expects to live until age 87. She will receive $20,000 a year after tax at age 66. What should her decision be? PLEASE SHOW WORK
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