Social Security

FUTURE SOCIAL SECURITY ESTIMATES

FOR ACTUAL CALCULATIONS CALL THE SOCIAL SECURITY ADMINISTRATION. OR USE YOUR YEARLY ANALYSIS THAT THE SSA WILL SEND YOU NEAR YOUR BIRTHDAY

IF YOU'RE NOW AGE...	AVERAGE WAGE BEFORE TAXES.	MAXIMUM ANNUAL BENEFITS. BEFORE TAXES.
55	$9,529	$13,767
50	$9,799	$14,694
45	$10,068	$15,542
40	$10,715	$16,867
35	$11,265	$17,815
30	$11,265	$17,289
25	$11,988	$18,974

SOURCE: MONEY MAGAZINE, AUGUST 1990, PAGE 94

Average wage was given as $20,500 in 1990. Maximum wage base was $51,300. Further all the amounts have been converted into 1990 dollars, so our lessons on inflation will not be needed for this chart.

Now, be sure that we use these numbers as just wild guesses. We have no real idea what the lawmakers will do to this system. I do not personally believe you should even consider this in your retirement planning. At best, Social Security is only estimated to provide about 25 to 35% of your future needs!

Check the annual report you receive from the SS office for your own estimate!

Consider if you will, but do not rely on Social Security for your future needs.

YOU NEED TO PLAN TODAY FOR YOUR TOMORROW!!!

For those of you who may just be starting on the road to financial freedom, please be sure that you see the outline,