--- title: CNBC explains the best age to claim Social Security description: Calculating the break even point helps you determine when to claim Social Security. image: https://www.covisum.com/hubfs/cnbc-logo-blog.jpg --- [Login](https://www.covisum.com/login-experience) | [Call: 402-235-4500](tel:1-402-235-4500) | [Contact Us](https://www.covisum.com/contact) ** [![covisum-logo](https://www.covisum.com/hs-fs/hubfs/covisum-logo.png?width=264&height=41&name=covisum-logo.png "covisum-logo")](https://www.covisum.com/) [![Start Your Free Trial](https://no-cache.hubspot.com/cta/default/2755909/b23743cd-d0df-4907-a66d-293b58ab1164.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/b23743cd-d0df-4907-a66d-293b58ab1164) [![Contact Us](https://no-cache.hubspot.com/cta/default/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532) # CNBC explains the best age to claim Social Security [IN THE NEWS  |  ](https://www.covisum.com/blog/topic/in-the-news)6/6/18 10:09 AM  |  by [Lauren Laferla, Director of Communications](https://www.covisum.com/blog/author/lauren-laferla-pr-content-marketing-manager) ![CNBC-logo-1-1600x390](https://www.covisum.com/hs-fs/hubfs/Logos/CNBC-logo-1-1600x390.png?width=600&name=CNBC-logo-1-1600x390.png) According to an article from [CNBC](https://www.cnbc.com/2018/06/01/this-one-number-can-mislead-you-when-claiming-social-security.html), the best way to determine the optimal age to claim your Social Security benefits is by calculating when you would break even. The break even point is when the amount you receive if you claim later equals the amount you would have received if you had started early. Generally, the age range when an individual would break even is 77 to 83-years-old.   Covisum President, Joe Elsasser, CFP®, was interviewed for this article and offered this advice. > "When calculating a break-even point, you need to account for what you could have earned if you had taken the money earlier and invested it."   You can read the whole article about the best time to claim Social Security benefits [here](https://www.cnbc.com/2018/06/01/this-one-number-can-mislead-you-when-claiming-social-security.html).   ### Share this article [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fcnbc-explains-the-best-age-to-claim-social-security%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fcnbc-explains-the-best-age-to-claim-social-security%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fcnbc-explains-the-best-age-to-claim-social-security%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fcnbc-explains-the-best-age-to-claim-social-security%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=CNBC%20explains%20the%20best%20age%20to%20claim%20Social%20Security) ## Related Blog Articles [ ### In The News Social Security 'Break-Even' Calculations Can Be Misleading Read ](https://www.covisum.com/blog/social-security-break-even-calculations-can-be-misleading) [ ### Social Security 3 Common Questions Financial Advisors Get Asked About Social Security Planning Read ](https://www.covisum.com/blog/common-questions-social-security-planning) [ ### In The News CNBC: Advisors help clients tackle the complexities of Social Security Read ](https://www.covisum.com/blog/advisors-help-clients-tackle-the-complexities-of-social-security) [See All Articles](https://www.covisum.com/blog) ## Covisum’s ecosystem of solutions can help you grow. 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