Social Security Optimizer:Boss3.4 - App Store

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.

Version History This version includes-
• Updated income tax rate tables for 2026
• Enhanced data input menus
• Expanded trial usage for new users 3.4 Aug 1 This version includes-
• Minor computation modifications
• Enhanced data input menus

• Expanded trial usage for new users 3.3 04/17/2024 This version includes-
• Minor computation modifications
• Enhanced data input menus

• Expanded trial usage for new users 3.2 04/17/2024 This version includes-
• New prompts and refined titles
• Enhanced data input menus
• Safe area display implemented for iPhone 14+ screens
• Expanded trial usage for new users 3.1 02/29/2024 This version includes-
• Enhanced data input menus
• Safe area display implemented for iPhone 14 screens
• Expanded trial usage for new users 3.0 12/20/2022 This version includes-
• Improved social security result presentation–colors of the amounts matching graph lines for the selected retirement age options
• Automatic switch from spouse’s own benefits to higher spousal benefits when payments at a later date, if applicable
• Improved data input format with right justification 2.6 10/27/2022 This version includes-
• Improved social security result presentation–colors of the amounts matching graph lines for the selected retirement age options
• Automatic switch from spouse’s own benefits to higher spousal benefits when payments at a later date, if applicable
• Improved data input format with right justification 2.5 10/18/2022 This version includes-
• Improved social security result presentation–colors of the amounts matching graph lines for the selected retirement age options
• Automatic switch from spouse’s own benefits to higher spousal benefits when payments at a later date, if applicable
• Improved data input format with right justification 2.4 10/15/2022 This version includes-
• Improved social security result presentation–colors of the amounts matching graph lines for the selected retirement age options
• Automatic switch from spouse’s own benefits to higher spousal benefits when payments at a later date, if applicable
• Improved data input format with right justification 2.3 07/30/2022 This version includes-
• Improved social security result presentation–colors of the amounts matching graph lines for the selected retirement age options
• Automatic switch from spouse’s own benefits to higher spousal benefits when payments at a later date, if applicable
• Improved data input format with right justification 2.2 03/18/2022 This version includes-
• Optimized switch from spouse’s own benefits to higher spousal benefits when payments at a later date, if applicable
• Improved result presentation on main screen – color coordinated graph lines with selected retirement age options
• Option to retrieve last plan while starting a new plan
• Enhanced numeric keypad 2.1 09/09/2021 This version includes-
• Optimized switch from spouse’s own benefits to higher spousal benefits when payments at a later date, if applicable
• Improved result presentation on main screen – color coordinated graph lines with selected retirement age options
• Option to retrieve last plan while starting a new plan
• Enhanced numeric keypad 2.0 09/07/2021 This version includes-
• Automatic switch from own benefits to higher spousal benefits when the spouse starts payments at a later date, if applicable
• Enhanced 1-step input for benefit values
• Option to retrieve and load last plan
• Modified data entry format for Other Income for determining taxability of Social Security payments 1.49 05/11/2021 • Enhanced 1-step input for benefit values
• 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
• Modified data entry format for Other Income for determining taxability of Social Security payments 1.48 11/21/2020 • 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 1.47 09/13/2019 • 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 1.46 05/22/2019 • 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 1.45 05/06/2019 • 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 1.44 04/26/2019 • 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 1.43 04/22/2019 • 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 1.40 09/22/2018 • 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 1.39 09/19/2018 • 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 1.38 08/14/2018 • 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 1.37 07/03/2018 • Benefit payment charts auto adjust in size
• Modified report snippet for supplemental information
• Free upgrade option for expanded analysis 1.36 05/26/2018 • Monthly and accumulated payments in charts auto adjust in size
• Modified snippet for supplemental information in reports
• Free upgrade option for expanded analysis 1.35 05/22/2018