Local News

Retirement can be stressful to plan for, but according to a representative from the Social Security Administration, it is possible to estimate what you will receive in social security at different ages.

 

Jack Myers with the Social Security Administration appeared as a guest on the NewsTalk WTIM Morning Show. He says there are plenty of helpful tools on the SSA’s website, including a “Retirement Estimator.”

 

 

Myers says the Retirement Estimator tool is unique because it projects and uses future earnings to estimate a person’s social security benefits.

 

 

Myers says the Retirement Estimator is off in some cases if people choose to retire at a different age than they anticipate. But he says this tool lets you run as many scenarios as you would like to compare what would be best for your financial situation.

 
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