Latest News

Benefit Replacement and Bend Points Explained

How much pre-retirement income will Social Security replace? That may be the most important question one should ask before starting benefits? Adam Levy covers that issue and shows a chart. The general answer is around 40%, though it’s less of a percentage the higher one’s lifetime earnings. That is far below most experts who say 70-80% replacement is needed to retain one’s standard of living or lifestyle. Levy also covers bend points in his explanation of how benefits are calculated. Full piece here.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers