Do you calculations in MaximizeMySocialSecurity take into account the time value of money, and, if so, what is the implicit interest rate assumption. A dollar received today is worth more than a dollar received in three years, especially in this era of higher inflation.

Hi. Yes, the software includes an option to include a presumed rate of inflation. The default amount is 2.25% per annum, but can be adjusted by the user.

For more information on the issue of present vs. future value of money, refer to the following post from our website: https://support.maximizemysocialsecurity.com/support/solutions/articles/...

Best, Jerry