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URL:  http://boards.fool.com/ltltin-my-own-case-i-can-figure-33480year-30499407.aspx

Subject:  Re: Retirement savings benchmark Date:  1/22/2013  1:58 PM
Author:  culcha Number:  71294 of 76394

<<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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