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MEM Seminar by Neal Lewis, Ph.D.: An Engineer’s Approach to Social Security Planning

12:00 pm
Othmer 114D - PKI 100A - Zoom
Descriptions and Details: Engineering economic analysis uses financial tools to determine capital investment strategies. These tools, including risk analysis, work well in retirement financial planning. This is particularly true for economic analyses of when to start Social Security benefits, which depend on both economic and mortality factors. factors. Social Security also makes an interesting case study for engineering economy classes. The topic combines forecasting, present value and rate of return analysis, and risk. We will discuss Social Security benefit strategies and options, the results of the economic and risk analysis, and options for single and married people.

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