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.Unless, perhaps, you are planning to wait until age 70 to get a higher payout, but then you should also take into account all the years that your payout was $0, so your *average* payout would be much lower.Also, "Social Security benefits are much more modest than many people realize. In June 2012, the average Social Security retirement benefit was $1,234 a month, or about $14,800 a year".
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