Q & A
I have an offer to join a new company and, if I accept it, my earnings will be much lower than now for at least several years. Can I estimate how lower earnings will reduce my future Social Security retirement?
Answer: Yes. Estimate the effect of lower or higher future earnings with the Retirement Estimator at http://www.socialsecurity.gov/estimator. One of the Social Security retirement planning tools at www.socialsecurity.gov/retire2, the Estimator connects to your actual Social Security earnings record to provide personal retirement estimates at age 62, at full retirement age, and at age 70. Read more…
Source: Howard I. Kossover, Social Security Administration Public Affairs Specialist
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