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Sam · 10-27-2006, 11:46 AM

Basically how much do you rely on Social Security.

Example: Your actual (or anticipated) expense is 50K/year, your SS income is 30K/year, then 50/30 is 167% (option 4, 151 - 200%).

You don't have to be collecting SS now. Use the SS income you would be getting when you reach 62, 65, or whatever.

Example: Plan to retire at 55. Anticipated expense is 50K/year. SS income at 62 is 18K. 50/18 is 278% (option 6, 251 - 300%).

Edit: Add Infinity option.

10-27-2006, 11:46 AM	#1
Sam Thinks s/he gets paid by the post Join Date: Mar 2006 Location: Houston Posts: 1,886	Basically how much do you rely on Social Security. Example: Your actual (or anticipated) expense is 50K/year, your SS income is 30K/year, then 50/30 is 167% (option 4, 151 - 200%). You don't have to be collecting SS now. Use the SS income you would be getting when you reach 62, 65, or whatever. Example: Plan to retire at 55. Anticipated expense is 50K/year. SS income at 62 is 18K. 50/18 is 278% (option 6, 251 - 300%). Edit: Add Infinity option.