The Social Security Administration has created a calculator that will estimate employees' future Social Security benefits in retirement. Even if they don't like the number they see, such a calculator could be a valuable tool in effective retirement planning, as Americans for a Secure Retirement reports that a couple earning $75,000 with retirement income other than Social Security still has a 31% chance of outliving their savings.
For related EBN coverage, click below:
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Tuesday, July 22, 2008
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