Skip to main content
No. of Recommendations: 0
The math is correct. But I'm an unusual case since I retired in 1994 at age 38 once I'd accumulated enough capital to quit working. I have 13 years where I paid maximum FICA up to 1994, and mostly zeros in every year since.

My case isn't quite as extreme, but because of early retirement (age 49 in my case), my Social Security calculation series was filled with some zeroes and some very small amounts from summer work during high school. Once I retired I was pleasantly surprised to find that my SS calculated benefit grew every year as my royalty payments replaced those zeroes. I haven't checked recently, but I think I'm still replacing low wage summers with royalty payments each year.
Print the post  


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.