Am certain that the subject is covered here (somewhere)... but going through tens of thousands of posts is a bit daunting.
So here's the question:
Most of the websites that cover the "dollars needed to retire" ignore Social Security, at the end of the calculation. Why? Perhaps because this amount is considered too small to be bothered with? In my case, it's important....
The problem that I see is, when trying to decide whether or not to retire, that amount has to be added in, making the calculation more difficult, especially long term, when inflation has to be calculated.
For a couple. the annual SS can be a substantial supplement, or in my case, a major part of base planning.
Thoughts?
So here's the question:
Most of the websites that cover the "dollars needed to retire" ignore Social Security, at the end of the calculation. Why? Perhaps because this amount is considered too small to be bothered with? In my case, it's important....
The problem that I see is, when trying to decide whether or not to retire, that amount has to be added in, making the calculation more difficult, especially long term, when inflation has to be calculated.
For a couple. the annual SS can be a substantial supplement, or in my case, a major part of base planning.
Thoughts?