Maximized Social Security Report
See the 'How to Apply' section of the report for general information about applying for benefits Regardless of how you apply, make sure that the Re...
Thu, 18 Jun, 2020 at 2:28 PM
Yes — our software, with the default settings for inflation and nominal return, implicitly compares taking Social Security benefits with equally risky inves...
Thu, 18 Jun, 2020 at 2:29 PM
The most important advice is to access the Social Security website and get their most current official guidance on how to apply. Note that you can apply on...
Thu, 18 Jun, 2020 at 2:32 PM
The National Average Wage is used to index past covered earnings when determining your highest 35 years of earnings. Our software compounds the intermediat...
Thu, 18 Jun, 2020 at 2:32 PM
This is due to how Adjustment of the Reduction Factor (ARF) and the Earnings Test are applied. If excess earnings were charged against reduced early retire...
Fri, 24 May, 2024 at 4:41 PM
No. If you are eligible for both reduced retirement and reduced spousal benefits, then you cannot restrict your application to just one of these types of be...
Thu, 18 Jun, 2020 at 2:33 PM
A beneficiary's initial grace year is the first year that they have at least one Non Service Month (NSM), i.e. a month in which they do not earn more th...
Thu, 18 Jun, 2020 at 2:34 PM
We don't ask for enough information, i.e. month by month earnings from your age 62 until your full retirement age, to determine if you have at least one...
Thu, 18 Jun, 2020 at 2:34 PM
We show everything in today's dollars to prevent users from thinking they will receive more real benefits than will actually be the case. If inflation ...
Mon, 6 Jul, 2020 at 12:15 PM
Most people are two different ages in a given year. We take your age in a given year to be the highest age you will attain during that year. So, even though...
Thu, 18 Jun, 2020 at 2:36 PM