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Tortoise & Hare: Who gets more Social Security?
Michael Taylor has some fun here explaining exactly how Social Security benefits are calculated using one’s annual income and number of years in the workforce. In this light-hearted example, who would get more in retirement, a hare would earned the maximum salary (currently $132,900) for ten years, or the tortoise who earned a comfortable, middle income salary of $60,000 annually for 35 years? Find out here.
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