Of course Planning is the key to creating your best retirement. You will have to plan and save for years to reach your retirement goals.
know the factors that can affect retirement planning?
if I want to meet them
We want you to understand what Social Security can mean to you and your family's financial future.
How do retirement benefits work?
Social Security replaces a percentage of a worker's pre-retirement income based on his or her lifetime income.s The portion of his or her pre-retirement wages that Social Security replaces is based on their highest earnings of 35 years And it varies depending on how much you earn and when you choose to start benefits.
The pre-retirement wages that Social Security replaces are based on what?
on your highest income of 35 years and varies according to how much you earn and when you choose to start benefits.
and what do you do with the unused money?
The unused money goes to a Social Security trust fund that pays monthly benefits to you and your family when you start receiving retirement benefits.
What types of income include special rules?