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by mbrutsch 3927 days ago
How'd you get them figures? I'm 53, I'm curious how mine looks.
2 comments

SSA sends out an annual letter with your figures. You can also create an account on SSA.gov[1] and check anytime you want.

[1]: http://www.ssa.gov/myaccount/

Sweet, thanks. Looks like I'll get $2600/mo at age 70. If SSA holds out that long, I can live on that, but I am not hopeful.
Benefits won't just stop completely. If Congress fails to act, SSA will have to cut benefits to 70%. So, instead of $2,600 you'll receive $1,820. At 70% payout, SSA can continue to pay benefits at projected income levels indefinitely.
Now all I have to worry about is keeping up with inflation.
Inflation won't be an issue. The only costs going up are healthcare and college. College won't be an issue for you, and Medicare should fill the gap until the US makes it to single payer.
They'll start sending you estimates when you get a little older but you can go to ss.gov for an estimate.