boilerman
Recycles dryer sheets
- Joined
- Sep 29, 2007
- Messages
- 155
Hi - I’m wondering if anyone can tell me why my social security benefits projection would go 3.7% since last July.
I quit work in early 2018 and no income since then. Both projections are from the My social security website. I am currently 60 and the website assumes my income will continue to be zero.
I expect some increase due to the annual inflation adjustment. But my monthly benefits estimate went from $2190 in July 2020 to $2272 in May 2021. That’s 3.7% by my calculation, which is higher than the annual inflation adjustment last year.
Not complaining. Just wondering why?
I quit work in early 2018 and no income since then. Both projections are from the My social security website. I am currently 60 and the website assumes my income will continue to be zero.
I expect some increase due to the annual inflation adjustment. But my monthly benefits estimate went from $2190 in July 2020 to $2272 in May 2021. That’s 3.7% by my calculation, which is higher than the annual inflation adjustment last year.
Not complaining. Just wondering why?