Income need keeps pace with inflation only — real purchasing power stays constant for life. Most commonly used default.
Custom phases (years since retirement)
Percentages are in real (inflation-adjusted) terms. End-year is the cutoff (e.g. "10" means years 1–10 use that percentage).
💰 Current Income
📊 Social Security
ⓘ How calculated
2026 SSA values used: Bend points $1,226/$7,391; FRA wage base $184,500; FRA max benefit $4,152/mo; FRA=67 (born 1960+).
Estimate mode: Approximates PIA assuming the client earns the entered Current Annual Income for all 35 indexed years (current years from SS Record + future years projected to retirement). Useful when the actual earnings history isn't handy. Less accurate for clients with irregular earnings or significant inflation drift.
Income schedule mode: Applies the official SSA formula — caps each year's W-2 wages at that year's wage base, indexes pre-age-60 wages by AWI to age-60 dollars, averages the top 35 (zeros for missing years), divides by 420 to get AIME, then applies 2026 bend points. More accurate. Use this when you have my.ssa.gov earnings history.
Claiming age adjustments: Before 67 → permanent reduction up to −30% at 62 (5/9% per month for first 36, 5/12% per month for next 24). After 67 → +8%/yr (delayed retirement credit), capped at age 70 (+24% max). Spousal benefit (50% of client's PIA) reduces if claimed early but never grows past FRA.
2034 trust fund cut: SSA 2024 Trustees Report projects ~81% of scheduled benefits payable after 2033 absent legislative action. Toggle below.
Not a substitute for the official Statement of Benefits at my.ssa.gov.
Enter nominal wages as reported on W-2 (box 3) for each year. Engine applies SSA AWI indexing up to age 60; later years stay nominal. Top 35 indexed years count.
Client Earnings History0 yrs · AIME $0/mo
Spouse Earnings History0 yrs · AIME $0/mo
Estimate mode: projects from current income × years on record + future years to retirement. Schedule mode: SSA AWI-indexed top-35 from actual W-2 wages, then 2026 bend points. Benefit capped at SSA FRA max grown at 3.8% AWI. Both modes are planning estimates — verify against my.ssa.gov before relying on it.
⚠ 2034 SS Trust Fund Reduction
SSA 2024 Trustees Report: trust fund covers ~81% of scheduled benefits after 2033.
💸 Investment Accounts
401k / IRA
💰 Other Income Sources
⚙️ Display Options
💾 Client File
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