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AARP retirement planner tool question
posted at June 2, 2012 9:39 PM EDT
First: March 24, 2012
Last: April 1, 2013
|There are a lot of retirement planning calculator programs in the Internet, and AARP's seems to be one of the better ones. It lets you enter and later change many of your assumptions, finally giving you a nice graph with predicted expenditure and source of retirement income. So far so good. There is one thing I don't understand. In the Social Security page I entered a total of $1400 in anticipated monthly benefits, but the final graph only indicated I would receive a little over $4000 per year in social security income, the rest of my annual expenditure would have to come out of my retirement savings. What happened to the other roughly $12800 in annual social security benefits?|