Good post at retire by 40 on social security benefits for early retirees

The post gives you the math to determine your Soc Security benefits, and how retiring early will curtail them.

Most folks don’t know that the report from SSN assumes you will continue to work at your current salary till you hit your retirement age. Thus the number showing on the website for you is overstated if you retire early.

I found out that we’ll be taking about a 30% cut to our stated benefits if we decide to retire in the next year.

2 thoughts on “Good post at retire by 40 on social security benefits for early retirees”

  1. While I retired slightly early I did get 35 years in at a good inflation adjusted salary so working longer would have had no impact on my benefits. I was pretty much maxed out most of the years I worked and once you get 35 years on your earning record it does you no good to get more.

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