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| Subject: Re: Retirement savings benchmark | Date: 1/22/2013 1:58 PM | |
| Author: culcha | Number: 71294 of 74759 | |
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<<In my own case, I can figure 33,480/year SS.>> How do you figure that amount? That's $2790/mo. But SSA says "a worker retiring at age 66 in 2012, the [maximum] amount is $2,513." To get that amount, you'd have had to hit the SS max income virtually every year of your working life. I'm planning on retiring when I hit 70. (Not there yet, but somehow I get closer and closer without even trying). The last letter I got from the SSA says the benefit would be $2790 a month, so that's what I'm figuring on. (Seems high to me though -- I'm NOT a high earner!) culcha |
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