As part of your planning, how can you estimate what you can expect from Social Security as a contribution to your retirement income? Find this answer by going to
As part of your planning, how can you estimate what you can expect from Social Security as a
contribution to your retirement income? Find this answer by going to
http://www.ssa.gov/retire2. Using the menus at this site, find out your retirement age. I am currently 46 years of age.
How many credits toward Social Security do you have now? How many do you expect to accumulate
over your working life? Use one of the benefit calculators to find your estimated Social Security
benefit. How much could you receive monthly? Would you be able to live on your Social Security
alone? How much more would you need to save for? What would happen if you continued to work
or went back to work after taking your retirement benefit? What would happen if you took your
benefit before your full retirement age?
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