If I retire at 57 and don't have earned income, how will my SS benefits be affected?

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If I retire at 57 and don't have earned income, how will my SS benefits be affected?

2007-07-31 05:53:53 · 2 answers · asked by jack 1 in Business & Finance ➔ Personal Finance

2 answers

They index your earnings for inflation when they do the calculation, so earlier number will at least count in today's dollars. The attached link shows some examples.

2007-08-03 18:28:30 · answer #1 · answered by StopSpending 5 · 0⤊ 0⤋

They use your highest 35 years earnings if you don't have 35 years the missing are counted at zero.

2007-07-31 12:59:27 · answer #2 · answered by shipwreck 7 · 0⤊ 0⤋