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497 | Your Social Security Questions Answered | Mike Piper

ChooseFI

NOTE

Calculating Retirement Benefits with SSA Tools

The website SSA.tools provides a free calculator to simplify the process of calculating retirement benefits. Users can enter their earnings history from their ssa.gov account, along with adjustable inputs for years remaining until retirement, expected annual earnings, and the desired retirement filing date. This tool automates the necessary calculations, eliminating the need for manual calculations or complex Excel spreadsheets. It serves as an effective resource to aid individuals in understanding their retirement benefits without extensive math.

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