The Income and Benefits screen asks you to enter a retirement age and a maximum age. 

Key Concepts: 

  • Retirement age refers to your last year with earnings, not the age you take Social Security.
  • Maximum age refers to the oldest age you might possibly live to. 


  • The retirement age you enter can be used on other screens as a variable when you enter when your labor earnings stop or when you stop contributing to retirement accounts. 
  • Maximum age should be used to remove longevity risk from your model. Avoid using your family history age of death or your probable age of death.

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