Social Security Refresher Quiz
Use the questions below to underscore your understanding of the complexities of Social Security. You may do the exercise individually or as a group. It is a good way to get family and friends thinking about the importance of getting started early to retire well.
1. What is your projected Social Security retirement benefit in today’s dollars beginning with your proposed retirement date?
- Also Read: Splitting Federal Retirement Benefits After Divorce—Here’s What You Need to Know
- Also Read: Early Retirement for Federal Employees: The Must-Do List Before You Hand In That Notice
- Also Read: What Does the Federal Retirement Process Look Like?
3. What is your spouse’s benefit at his/her projected retirement age?
4. What will be the survivor benefit for each of you?
Visit the Social Security website at www.ssa.gov for more information and to become more familiar with the on-line calculators. These resources are crucial in determining that you fully understand Social Security and how it works. There is no such thing as too much preparation for your future – by the same token, there is no downside for refreshing your knowledge on the subject.
Although there is so much more to cover about Social Security and its role in your retirement future, we are prepared to set our sights on realizing our retirement vision and reaching the goals we are putting in place to retire well.
P. S. Always Remember to Share What You Know.
