Thursday, February 17, 2005

Update to SS calculator

Well, I played around with the calculator a little more and found out some interesting stuff.

The DOB you input is not as important as how much income you state. So, if you input any DOB and begin with $1 income, you will notice a certain % cut compared to the current system. Then try $10 and next $100 until you get to $100,000. You will notice that the % of $$ cut will drop as you make more money, but I also noticed that they younger you are the more so this will effect you. So, it seems this is definitely going to benefit those who are more well to do. Test it yourself!

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