Retirement is often a time of celebration, but there is no shortage of decisions recent retirees have to make. One of the most important is when they will claim Social Security since these benefits account for a significant portion of income for millions of Americans in retirement.

Unfortunately, the decision isn't straightforward because varying personal situations require different approaches and considerations. However, one key number can help you decide when claiming makes sense for you: your break-even age.

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Source Fool.com