Ep 33: How Social Security Is Calculated

Social Security is one of the main pillars of retirement planning. However, many people do not realize how their benefit gets calculated. You need to have a plan when it comes to taking your Social Security and know how it will fit into your overall retirement picture.

If you have questions, you can always reach out at hello@brindleandbay.com.

For more information visit us at www.brindleandbay.com

Have a question? Text us! (214) 988-9178

Check out our YouTube channel here!

In this episode:

[1:38] FRA - Full Retirement Age and PIA-Primary Insurance Amount

[4:00] Verifying your Social Security Statement

[5:31] Your work history can impact estimated earnings

[6:46] Question 1- Will working longer increase my benefit?

[7:39] Question 2- What happens if I earn less than Social Security anticipates in my statement?

[10:02] Question 3 -Will working past 70 help my social security benefit?

Links Discussed in this Episode: