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Social Security looks at your 35 highest-earning years to calculate your Average Indexed Monthly Earnings (AIME), which determines your monthly benefit. Here's what happens if you don't have a ...
90 percent of the first $1,226 of averaged indexed monthly earnings. ... The Social Security retirement estimator can help you figure your benefits .
A separate analysis from the Center on Budget and Policy Priorities found that the poverty rate for adults aged 65 and above would be nearly four times higher if Social Security didn't exist -- 10 ...
Using data from the University of Michigan's Health and Retirement Study, United Income extrapolated the Social Security claiming decisions of 20,000 workers to determine if they were optimal.
Source: Social Security Administration. Chart by author. Note that as of November, the average monthly Social Security benefit was $1,925 -- or about $23,000 annually. Of course, if you've earned ...
The SSA mails Social Security statements to pre-retirees each year letting you know what your monthly payment might be when you file for benefits, based on your earnings record and when you decide ...
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