No. of Recommendations: 1
for Sacto Fool:

Just what you said, and I like your style.

However (...he continues in a low tone...) according to that good source you gave, and searching on "benefit calculation", it's 35 rather than 30 years. I will notice the difference (not that it is large) because I paid maximum social security tax for "only" 30 years before leaving the work force.

Only the thirty-five highest earning years are considered in the benefit calculation. This results in "zero-earning" years for workers with less than 35 work years and excludes years for those who have worked more than 35 years.

At least the SSA includes your best 35 years if you worked longer than that.

Chips, another denizen of the desert who enjoys walking in the rain

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.