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Author: azholmes Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19257  
Subject: Re: About to Take the Plunge Date: 12/16/1999 6:47 PM
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Pixy said:
{{Greetings, Foolwild, and welcome. You asked:

<<I am curious if anyone knows what effect retiring at 54, and not working for pay after that time, will have on social security
benefit? Isn't it calculated on your ten years of highest salary or something like that? And those ten years are not inflation adjusted
are they? >>

Social Security uses the highest 35 years your work history to calculate benefits due. All the years between 54 and 62/65 would count
as zero earnings years for that purpose.

Regards..Pixy }}

What do they count as earnings for that period? AGI only or do they include Employer Granted Stock Options? I am paying taxes on the gains at exercise.

I have done all my calculations excluding any SS benefits, but hey, it could pay green fees!!

Thanks,
azholmes.

P.S. I have jumped out of an airplane... I fear retiring at 38 (next April!) much more!!
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