When to start taking your Social Security benefits?

This is a critical retirement decision. You may start as early as 62 but the payment reaches full potential at your Full Retirement Age as set by the Social Security Administration. The monthly payment can grow even further if you decide to wait till age 70. It is nice start getting the funds sooner than later but does it really work out better?

The answer depends on how long you plan on working, marital status, life expectancy, inflation and other factors. A careful analysis is needed to make an informed once-in-a-lifetime decision. This app, Benefit Optimizer for Social Security (Boss) is developed to help you evaluate such important factors and analyze your options.

Boss is designed by financial planning specialists who have been serving professional planners with comprehensive solutions for decades. The essential elements needed to analyze the benefit options are packed in a simple app that can be used by all potential retirees.

Some of the key features of Boss include-
• Benefit profile of Singles
• Benefit profile of Married couples
• Compare options
• Minimal data needs
• Condensed and detailed results
• Tabular or graphic reports
• Break-even analysis
• Cash needs fulfillment analysis
• Income tax impact analysis
• Future value analysis
• Fully documented operation

· Boss displays full-span reports & Graphs that can also be printed:
• Monthly Benefits
• Annual Benefits
• Cumulative Benefits
• First Full Year
• Monthly Payment Graph
• Option Comparing Graph
• Cash Needs Fulfillment Pie Chart

Quick & Easy
Analysis with Boss is quick and simple. All you need for an essential analysis is a birth date and the benefit amount at full retirement age (FRA). The Social Security Administration provides the FRA amount to social security payers periodically. With these two data items entered you are ready to analyze. Pick an eligible month and year to view benefit details. Enter different option and view the comparative results and line graphs for an easier grasp of projected results. This simple exercise can now be expanded with other factors such as the inflation rate, life expectancy, rate-of-return, expenses and tax related information.

Use with confidence
You can use Boss with complete confidence for the security of your data and the integrity of computations. Your data stays in your device all the time until you delete it.

Boss is developed and supported by a team of professionals located in USA that have been providing applications to financial planners for over three decades.

What’s New

Version 1.47

• Automatic switch from own benefits to higher spousal benefits when the spouse starts payments at a later date, if applicable
• Option to retrieve and load last plan
• Enhanced presentation in charts
• Modified app startup option
• Modified data entry format for Other Income for determining taxability of Social Security payments
• Minor fixes

Ratings and Reviews

4.0 out of 5
514 Ratings

514 Ratings

ronone10 ,

Not Bad

Overall, good tool to help you see the SS payments you potentially can receive at different ages. I checked with the govt SS site and the amounts are close enough. You input your FRA amount to start.

I think there is a cal bug with the break even point. You can select another scenario to see how many years it will take if you were to wait between the two scenarios. I selected the first scenario at 69 yrs 11 months and the other at 70 yrs and it said 12 yrs for a break even point. Perhaps I did something wrong. Not sure??? ,

Excellent App

Thoughtfully designed! It is an interesting app that can help you decide in a few minutes one of the most important financial decisions of your life. You may already have a bias as to when to start taking benefits. In such a case it can help you gain confidence with knowing how it is projected to work out and allow you to quickly review other possible scenarios. Otherwise, it can provide you with the comparison of alternatives such as start your cash inflow at the earliest age or wait till age 70. It is a great tool to try even if you are being expertly guided by an advisor.

hilpert$crystel1 ,

Best Choice

I have tested several programs for analyzing social security benefit numbers. Some of them cost in hundreds of dollars. They do provide more insights and fancy reports. But I like this app for its to-the-point simplicity. No long verbose or clutter. Your input and the results are neatly laid out on one screen. Easy to see the impact of a data change. It also provides reports to back up its summary results. And, for a single person’s unlimited analysis, it is free. This app is my top choice for social security benefits analysis.


Sawhney Systems, Inc.
26.3 MB

Requires iOS 7.0 or later. Compatible with iPhone, iPad, and iPod touch.



Age Rating
In-App Purchases
  1. Premium features for one month $0.99
  2. Premium features for one year $5.99


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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