There are several social security calculators to use when one is calculating their income online. The social security calculator is meant to help an individual estimate their benefits and also helps them to know when to take their social security. The calculator will also help the person know how to get the most out of their benefits, together with those benefits of their spouses too. The following calculators will help an individual estimate their retirement benefits.
1. Social Security Quick Calculator is a free calculator anyone can easily access. The calculator will require the following information, ( i) The social security number (ii) Date of birth ( iii) Place of birth (iv) Mother’s maiden name. The social security calculator will provide the individual with an estimate of their social security retirement benefits based on their personal earning history.
2. The personal social security projection calculator is also accessible online and is free, this particular calculator will give the person an estimate of the social security retirement benefits based on the individuals earnings record. The calculator will require the following,
( i) The social security number (ii) Date of birth ( iii) Place of birth (iv) Mother’s maiden name. this particular calculator will give an estimate of the social security retirement benefits based on the individuals earnings history.
3. The Social Security Calculator that shows the effect of working for a long time is also free and accessible online. This particular calculator will use the following information. ( i) A copy of the individuals most recent social security statement because it requires that all the earnings history is fed into the calculator. before the calculation process. This calculator can also be got from the social security office as well as online. It is a downloadable program that anyone can download onto their computer and are able to put in an estimate of future earnings ans are able to see how their future earnings will affect the social security retirement benefits.
There are many other online social security income calculators that individuals can use when they want to see roughly how much they would earn in their social security retirement benefits. The advantages with these online social security income calculators is that they require little information and are also easy to use. The best part about them is that they are free and anyone can download them onto their computer and use them as often as they wish.