Social Security Calculator
SOCIAL SECURITY INCOME CALCULATOR
Social Security benefits can be an important part of any retirement. In fact, claiming benefits incorrectly could potentially cost you $200,000 or more in lifetime income. Knowing the different options available can provide you with a greater chance of optimizing your benefits. Deciding which choices work best for you requires careful consideration of your overall retirement income strategy. Let's start with these 5 questions below.
1) What benefit type is best for my personal situation?
2) At what age should I claim my benefit?
3) How is social security taxed?
4) How does Medicare affect my income?
5) Is my benefit, combined with additional income enough to fund my desired lifestyle?