Quote:
Originally Posted by The_Waco_Kid
Yep. 91 percentile by 2018 income. and i just signed up for the Gov's SSA website and re-checked those numbers. they are what i expected. they used to send a letter but stopped a few years back.
looking at it right now .. at 67 .. $2,738.
if i work to 67 i fully expect to have about 1 million in my various investment accounts. or pretty damn close to it. and $2,738 a month from social security.
not too bad for the black sheep who became the prodigal son. but if you compare that to my Dad's earnings .. not even close. he out earned me by a country mile. but at least i broke the 100k mark. that'll have to do.
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I started receiving Social Security benefits when I reached 66. In 2019 my monthly benefit is $2,832.50. Subtract for medicare and taxes and my net is $2,292.40. Everyone received a 2.8% increase this year as a COLA.