Senior Citizens:
Social Security and Retirement Planning
The Social Security Administration has launched its
Retirement Planner, a new electronic, online retirement planner to
help Americans better prepare for their financial future. The online
retirement planner will let individuals compute estimates of their
future Social Security retirement benefits online. It also provides
important information on factors affecting retirement benefits, such as
military service, household earnings and federal employment. The Social
Security Retirement Planner will help workers understand how much they
will get from Social Security when they retire. A lot of additional
information helpful for people planning retirement or already retired is
available on the Social Security Administration's
Access America for Seniors page. For instance, the site discusses
planning housing, medical coverage and entertainment, as well as financial
security in retirement. Additional information is included about special
needs such as assisted living, nursing or long-term care, meals,
housekeeping, etc. Links to other pages to plan for your retirement also
are provided. Also see the Social
Security Frequently Asked Questions. |