Need SS calculator for early retirees

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Topic Author
RMD3819
Posts: 99
Joined: Wed Mar 27, 2013 3:40 pm

Need SS calculator for early retirees

Post by RMD3819 »

I will be retiring next year at 54.

The SS calculator shows your benefit when you are eligible but assumes you will be working up until that eligibility.

Is there any calculator or formula that can be used that doesn't have that assumption?

I am trying to estimate my SS but without working income from 54-62.

Ideas?
richard
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Joined: Tue Feb 20, 2007 2:38 pm
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Re: Need SS calculator for early retirees

Post by richard »

What SS calculators are you using? Try entering 0 as your last year's income.
Topic Author
RMD3819
Posts: 99
Joined: Wed Mar 27, 2013 3:40 pm

Re: Need SS calculator for early retirees

Post by RMD3819 »

I am using the estimator on the SS website which pulls from my history.
Carl53
Posts: 2687
Joined: Sun Mar 07, 2010 7:26 pm

Re: Need SS calculator for early retirees

Post by Carl53 »

I suggest you download the AnyPIA calculator from the social security website. It will allow you to enter zeros for future years. I believe the online mySS site assumes that you will continue to earn at your current level until you retire.

http://www.ssa.gov/OACT/anypia/download.html
richard
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Joined: Tue Feb 20, 2007 2:38 pm
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Re: Need SS calculator for early retirees

Post by richard »

RMD3819 wrote:I am using the estimator on the SS website which pulls from my history.
When I use the estimator it asks for last year's earnings (on the screen after login). If I enter 0, it calculates based on 0 until I start collecting (FRA, 70 or 62).

The AnyPIA gets the same results, but with much more work.
Topic Author
RMD3819
Posts: 99
Joined: Wed Mar 27, 2013 3:40 pm

Re: Need SS calculator for early retirees

Post by RMD3819 »

OK thanks I'll try those.
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