Social Security Case Study 1

Provided by:

Alexander L Stanchfield

Email: [email protected]

Disclaimer

This tool demonstrates options for receiving your Social Security benefits. The results shown arehypothetical based on the information you provided and are not a guarantee of future benefit values orinvestment results. Contact your financial professional or the Social Security Administration for moreinformation.

Social Security Explorer helps you become better informed prior to filing for your Social Security retirementbenefits. It is not intended to provide an exact analysis, but it will help you determine the strategy and ageyou want to start your benefits. You will be able to explore different starting age combinations as well asdifferent strategies that may be available. There are over 2,000 rules that may be applied. Although you mayfile for your retirement benefits on-line, some of the strategies illustrated in this report may require you to filein person.

Social Security Explorer assumes that you stop work when you start your benefits. In some cases, yourbenefits will be reduced if you continue to work; however, any amounts withheld are repaid after you reachfull retirement age. The cumulative benefits will be unchanged.

Your Social Security Administration office is an excellent source of any specific questions about yourbenefits. Their website can be extremely helpful. Social Security Explorer helps you frame your thoughtsbefore filing. It shows strategies and age combinations that you might not have considered. It eliminatesguessing or rules-of-thumb by calculating all possible combinations and illustrating the largest benefit.

Patent Pending. Copyright © 2012-2013 Impact Technologies Group, Inc. All Rights Reserved.

https://www.planfacts.com/AlexanderStanchfield/SSE

1 of 9 6/25/13 12:54 PM

Scenario 1

70

66

$1,819,454

You Spouse

Age 63 61

Monthly benefit at Full Retirement Age $2,245 $1,790

Assume live to 85 90

Investment rate 0%

Cost of living adjustment 2.5%

Marital status Married

Ages for Maximum Benefits

You start benefits at age

Spouse starts benefits at age

Cumulative Lifetime Benefits:

How to File

You Suspend, Spouse Files Restricted

At your age 66 (Full Retirement Age), you file foryour Social Security benefits and immediatelysuspend paymentsAt your age 70, you start your own Social Securitybenefits with delayed creditsAt your spouse's age 66, your spouse files arestricted application for spousal benefitsAt your spouse's age 70, your spouse files for his orher Social Security with delayed credits

Best Strategy by Age - Optimal Ages

Colors represent best strategy for an age combination

Monthly Benefits by YearAssumes annual Cost of Living adjustments

70

69

68

67

66

65

64

63

62

62 63 64 65 66 67 68 69 70Your Benefit Start Age

6563

7068

7573

8078

8583

9088

Your AgeSpouse's Age

$9,000

6,750

4,500

2,250

Spo

use'

s Ben

efit

Sta

rt A

ge


2 of 9 6/25/13 12:54 PM

Scenario 1You Suspend, Spouse Files Restricted

You Spouse

Age 63 61

Social Security start age 70 66

Monthly Benefit at Full Retirement Age $2,245 $1,790


Investment rate 0%


Marital Status Married

AgesYour

BenefitSpouse's

Benefit Total

CumulativeValue

of Benefits

63/61 0 0 0 0

64/62 0 0 0 0

65/63 0 0 0 0

66/64 0 0 0 0

67/65 0 0 0 0

68/66 0 15,240 15,240 15,240

69/67 0 15,621 15,621 30,861

70/68 42,271 16,012 58,283 89,144

71/69 43,327 16,412 59,739 148,883

72/70 44,411 35,410 79,821 228,704

73/71 45,521 36,295 81,816 310,520

74/72 46,659 37,202 83,861 394,381

75/73 47,825 38,132 85,957 480,338

76/74 49,021 39,086 88,107 568,445

77/75 50,246 40,063 90,309 658,754

78/76 51,503 41,064 92,567 751,321

79/77 52,790 42,091 94,881 846,202

80/78 54,110 43,143 97,253 943,455

81/79 55,463 44,222 99,685 1,043,140

82/80 56,849 45,327 102,176 1,145,316

83/81 58,271 46,461 104,732 1,250,048

84/82 59,727 47,622 107,349 1,357,397

85/83 0 61,220 61,220 1,418,617

86/84 0 62,751 62,751 1,481,368

87/85 0 64,320 64,320 1,545,688

88/86 0 65,928 65,928 1,611,616

89/87 0 67,576 67,576 1,679,192

90/88 0 69,265 69,265 1,748,457

91/89 0 70,997 70,997 1,819,454


3 of 9 6/25/13 12:54 PM

Scenario 2

63

62

$1,350,955

You Spouse

Age 63 61



Investment rate 0%



Summary at Selected Ages




How to File

File for Benefits

At your age 63, you file for your Social SecuritybenefitsAt your spouse's age 62, your spouse files for his orher Social Security benefits

Best Strategy by Age - Selected Ages



70

69

68

67

66

65

64

63

62


6563

7068

7573

8078

8583

9088


$5,300

3,975

2,650

1,325

Spo

use'

s Ben

efit

Sta

rt A

ge


4 of 9 6/25/13 12:54 PM

Scenario 2File for Benefits

You Spouse

Age 63 61




Investment rate 0%



AgesYour

BenefitSpouse's

Benefit Total

CumulativeValue

of Benefits

63/61 21,552 0 21,552 21,552

64/62 22,091 16,513 38,604 60,156

65/63 22,643 16,926 39,569 99,725

66/64 23,209 17,349 40,558 140,283

67/65 23,789 17,782 41,571 181,854

68/66 24,384 18,227 42,611 224,465

69/67 24,994 18,683 43,677 268,142

70/68 25,619 19,150 44,769 312,911

71/69 26,259 19,628 45,887 358,798

72/70 26,915 20,119 47,034 405,832

73/71 27,588 20,622 48,210 454,042

74/72 28,278 21,138 49,416 503,458

75/73 28,985 21,666 50,651 554,109

76/74 29,710 22,208 51,918 606,027

77/75 30,452 22,763 53,215 659,242

78/76 31,214 23,332 54,546 713,788

79/77 31,994 23,915 55,909 769,697

80/78 32,794 24,513 57,307 827,004

81/79 33,614 25,126 58,740 885,744

82/80 34,454 25,754 60,208 945,952

83/81 35,315 26,398 61,713 1,007,665

84/82 36,198 27,058 63,256 1,070,921

85/83 0 37,103 37,103 1,108,024

86/84 0 38,031 38,031 1,146,055

87/85 0 38,982 38,982 1,185,037

88/86 0 39,956 39,956 1,224,993

89/87 0 40,955 40,955 1,265,948

90/88 0 41,979 41,979 1,307,927

91/89 0 43,028 43,028 1,350,955


5 of 9 6/25/13 12:54 PM

Scenario 3

68

66

$1,751,723

You Spouse

Age 63 61



Investment rate 0%



Summary at Selected Ages




How to File

You File Restricted, Spouse Files

At your age 68, you file a restricted application forspousal benefitsAt your age 70, you file for your own Social Securitybenefits with delayed creditsAt your spouse's age 66, your spouse files for his orher Social Security benefits

Best Strategy by Age - Selected Ages



70

69

68

67

66

65

64

63

62


6563

7068

7573

8078

8583

9088


$8,000

6,000

4,000

2,000

Spo

use'

s Ben

efit

Sta

rt A

ge


6 of 9 6/25/13 12:54 PM

Scenario 3You File Restricted, Spouse Files

You Spouse

Age 63 61




Investment rate 0%



AgesYour

BenefitSpouse's

Benefit Total

CumulativeValue

of Benefits

63/61 0 0 0 0

64/62 0 0 0 0

65/63 0 0 0 0

66/64 0 0 0 0

67/65 0 0 0 0

68/66 12,151 24,303 36,454 36,454

69/67 12,455 24,910 37,365 73,819

70/68 42,271 25,533 67,804 141,623

71/69 43,327 26,171 69,498 211,121

72/70 44,411 26,826 71,237 282,358

73/71 45,521 27,496 73,017 355,375

74/72 46,659 28,184 74,843 430,218

75/73 47,825 28,888 76,713 506,931

76/74 49,021 29,610 78,631 585,562

77/75 50,246 30,351 80,597 666,159

78/76 51,503 31,109 82,612 748,771

79/77 52,790 31,887 84,677 833,448

80/78 54,110 32,684 86,794 920,242

81/79 55,463 33,501 88,964 1,009,206

82/80 56,849 34,339 91,188 1,100,394

83/81 58,271 35,197 93,468 1,193,862

84/82 59,727 36,077 95,804 1,289,666

85/83 0 61,220 61,220 1,350,886

86/84 0 62,751 62,751 1,413,637

87/85 0 64,320 64,320 1,477,957

88/86 0 65,928 65,928 1,543,885

89/87 0 67,576 67,576 1,611,461

90/88 0 69,265 69,265 1,680,726

91/89 0 70,997 70,997 1,751,723


7 of 9 6/25/13 12:54 PM

Definitions and Important Information

Marital Status

Married: Currently married under federal definition of marriage. Applicable spousal benefits andsurvivor benefits have been included.

Widowed: Currently not married under federal definition of marriage. Survivor benefits have beenconsidered throughout the tool.

Divorced: If you were married for at least 10 years before divorce. You may receive spousal benefitsbased on an ex-spouse's benefit. It does not have to be the most recent ex-spouse, but yourmarriage must have lasted ten years. Claiming this benefit will in no way affect your ex-spouse’sbenefits.

Single: Currently not married under federal definition of marriage (or were married for less than 10years before divorce). Benefits will only consider your earning record.

Monthly benefit at Full Retirement Age from your Social Security Statement

The monthly value on the printed Social Security statement or from the on-line statement is themonthly value shown in today's dollars. Social Security Explorer has automatically applied thecost-of-living adjustment for you.

Government Pension Offset (GPO)

This provision affects only individuals who have earned a pension from work not covered by SocialSecurity (usually government employees). Two-thirds of the monthly "Non-Covered Pension amount"may reduce any spousal benefits you are otherwise entitled. It does not reduce any benefits basedon your work record covered by Social Security.

Windfall Elimination Provision (WEP)

Individuals who are entitled to a monthly pension from work not covered by Social Security and alsoqualify for Social Security benefits may have their Social Security benefits reduced. The years andearnings covered by Social Security determine the reduction, if any. The Social SecurityAdministration has a calculator on the website to help you determine your monthly retirement benefitafter any reduction. Since each year worked up to starting retirement may affect benefits, the SocialSecurity Administration does not include this reduction in your annual statement. It is calculatedwhen you file for benefits. "Your monthly retirement benefit" shows the adjusted benefit used in thecalculations. For 2013, this reduction is limited to the lesser of $395.50 or half of your non-coveredmonthly pension.

Investment rate

An investment rate of return of 0% should be used if the plans are to use Social Security benefits forincome needs.

When an investment rate is not used, "Cumulative Lifetime Benefits" are shown; when an investmentrate is shown, "Future Value of Benefits" reflects the growth of benefits received.

If there is not an inherent need for Social Security benefits to provide income, an assumed rate ofreturn other than 0% can be used to calculate investing the benefits instead of spending the benefit.

Please note that in order to provide a recommendation about the investment rate of a securitiesproduct, the financial professional must hold the proper securities registration and be currentlyaffiliated with a broker/dealer or registered as an investment advisor.

Cost of Living Adjustment

Social Security Administration determines if a cost-of-living adjustment is made, and if so, howmuch. Typically, benefits have increased by 2.5% to 3.0% in the past. Using 0% will show basic


8 of 9 6/25/13 12:54 PM

benefits without any adjustments for inflation. More information can be found atwww.socialsecurity.gov/cola.

Modified Adjusted Gross Income

Modified adjusted gross income (MAGI) is generally defined as all of your taxable income, pluscertain net foreign income, minus allowed deductions. MAGI may include income such as taxablepensions, wages, interest, dividends, and other taxable income plus tax-exempt interest income(such as interest on municipal bonds) and any exclusion from income, such as interest from USsavings bonds. See Internal Revenue Code 86b(2) or Internal Revenue Service Publication 915 formore information.

Available Reports

Best Strategy by Age shows the strategy with the highest cumulative lifetime benefits value,with an option to show future value at a selected investment rate.Strategies to Maximize Benefits shows all possible calculations and age combinations forthe strategy selected.Basic Benefit Calculation indicates values for basic benefits, without any special filings.Calculations show annual benefits for you and your spouse (if any), the total, and thecumulative total for each year.Comparison: Early vs. Late displays the differences between early benefits at age 62,benefits at full retirement age (FRA), and benefits at delayed or late benefits at age 70.Taxation of Social Security Benefits will show how, if you have other income, a portion ofSocial Security benefits may be subject to income taxes. If you have income above certainthresholds, you may pay a federal income tax on 50% or up to 85% of your Social Securitybenefits.Optional Strategies demonstrates a selected strategy for given starting age(s), lives toage(s), optional investment rate and cost of living assumptions.

This tool and support materials are designed to provide general information on the subjects covered.Pursuant to IRS Circular 230, it is not however, intended to provide specific legal or tax advice andcannot be used to avoid tax penalties or to promote, market, or recommend any tax plan orarrangement. You are encouraged to consult your tax advisor or attorney.

The results represented in this tool are provided by Impact Technologies Group, Inc., and aredeemed reliable but are not guaranteed. Impact Technologies Group, Inc. shall have neither liabilitynor responsibility to any person or entity with respect to any loss or damage caused, or alleged to becaused, directly or indirectly, by information contained in this report. Always consult with your taxadvisor concerning your own situation.

Please note that in order for your financial professional to provide a recommendation about thetransfer of funds from an investment product to a fixed insurance product or annuity, your financialprofessional must hold the proper securities registration and be currently affiliated with abroker/dealer or registered investment advisor. If you are unsure whether or not the information youare receiving represents general guidance or a specific recommendation to liquidate a security,please contact the individual state securities department in the states in which your financialprofessional conducts business.

Guarantees are backed by the financial strength and claims-paying ability of the issuing company.Variable annuity guarantees do not apply to the performance of the variable subaccounts, which willfluctuate with market conditions.


9 of 9 6/25/13 12:54 PM

*All$calculations$based$on$assumptions$and$NOT$GUARANTEED,$consult$an$accountant$prior$to$deciding$on$final$strategy.$$$$$$©2013$E$Social$Security$Rescue$E$Not$affilated$with$US$Government$or$Social$Security$Administration$$$$$$

Prepared By: 6/15/2013

Income Stream Ending Year: 29

Spouse Name: Susan S.Spouse Age: 61

Desired Retirement Age(s): 68/66

Estimated Benefits:

Recommended Strategy

Income Stream Amount:

Income Stream Starting Year: 6

Income Increase Per Year: 2.5%

YOUR PERSONALIZED SSI ANALYSISYour Name: David S.

Your Age: 63Your FRA Benefit: $2,245

You Live Until Age: 85

Case Study Date Prepared:

You File Restricted, Spouse Files

$1,751,723

$23,500

Spouse FRA Benefit: $1,790Spouse Lives Until Age: 90

Investment Rate: 0.0%Inflation/COLA %: 2.5%

Desired Monthly Income: $6,500Immediate Benefits: $1,350,955



29.7%

ONE SPOUSE SUSPENDS - ONE SPOUSE FILES RESTRICTEDOne spouse files for benefits at FRA but does not collect benefits. The other spouse becomes eligible to file a restricted application to receive spousal benefits until age 70. At age 70, the spouse begins taking their own benefits, potentially increasing the total amount of benefits. The amount of additional benefit received will depend on life expectancy and the Cost of Living Adjustment (COLA).

YOU FILE RESTRICTED OR SPOUSE FILES RESTRICTEDOne spouse files a restricted application at Full Retirement Age (FRA). This provides benefits based on the other spouse's benefit amount. The first spouse begins receiving their own benefits (sometime before age 70), receiving increased payments for starting benefits after FRA. The other spouse must already be taking benefits to file a restricted application.

Prepared for:

David S.Susan S.

Based on the information providedYOUR RECOMMENDED STRATEGY IS...You$File$Restricted,$Spouse$FilesThe recommended strategy will provide an estimated

$400,768


LEARN MORE ABOUT FILING STRATEGIES FOR MARRIED COUPLES

YOU FILE & SUSPEND OR SPOUSE FILES & SUSPENDSOne spouse files for benefits at Full Retirement Age (FRA) and suspends benefit payments. The remaining spouse files for benefits and is eligible to receive 50% spousal benefit if the amount is higher than his or her own benefit. At age 70, suspension ends and the first spouse collects their benefits. Increases for delaying benefits are received by the first spouse.

More Lifetime Benefits vs. Starting Now Increase in Benefits

BEFORE$INCOME$PLANNING$

=$Social$Security$Income$ =$EsBmated$Income$Gap$

Numbers(diplayed(above(provide(an(es2mate(based(on(assumed(level(infla2on(and(COLA(adjustment(provided(during(ini2al(report.(

What%is%Your%Es-mated%Income%Gap?%

$0$

$20,000$

$40,000$

$60,000$

$80,000$

$100,000$

$120,000$

$140,000$

$160,000$

63/61(

64/62(

65/63(

66/64(

67/65(

68/66(

69/67(

70/68(

71/69(

72/70(

73/71(

74/72(

75/73(

76/74(

77/75(

78/76(

79/77(

80/78(

81/79(

82/80(

83/81(

84/82(

85/83(

86/84(

87/85(

88/86(

89/87(

90/88(

91/89( G( G( G( G( G( G(


6/15/2013

YEAR1 63/61 $0 $0 $0 $0 $78,000 $78,000 100.0%2 64/62 $0 $0 $0 $0 $79,950 $79,950 100.0%3 65/63 $0 $0 $0 $0 $81,949 $81,949 100.0%4 66/64 $0 $0 $0 $0 $83,997 $83,997 100.0%5 67/65 $0 $0 $0 $0 $86,097 $86,097 100.0%6 68/66 $12,151 $24,303 $36,454 $36,454 $88,250 $51,796 58.7%7 69/67 $12,455 $24,910 $37,365 $73,819 $90,456 $53,091 58.7%8 70/68 $42,271 $25,533 $67,804 $141,623 $92,717 $24,913 26.9%9 71/69 $43,327 $26,171 $69,498 $211,121 $95,035 $25,537 26.9%10 72/70 $44,411 $26,826 $71,237 $282,358 $97,411 $26,174 26.9%11 73/71 $45,521 $27,496 $73,017 $355,375 $99,847 $26,830 26.9%12 74/72 $46,659 $28,184 $74,843 $430,218 $102,343 $27,500 26.9%13 75/73 $47,825 $28,888 $76,713 $506,931 $104,901 $28,188 26.9%14 76/74 $49,021 $29,610 $78,631 $585,562 $107,524 $28,893 26.9%15 77/75 $50,246 $30,351 $80,597 $666,159 $110,212 $29,615 26.9%16 78/76 $51,503 $31,109 $82,612 $748,771 $112,967 $30,355 26.9%17 79/77 $52,790 $31,887 $84,677 $833,448 $115,791 $31,114 26.9%18 80/78 $54,110 $32,684 $86,794 $920,242 $118,686 $31,892 26.9%19 81/79 $55,463 $33,501 $88,964 $1,009,206 $121,653 $32,689 26.9%20 82/80 $56,849 $34,339 $91,188 $1,100,394 $124,695 $33,507 26.9%21 83/81 $58,271 $35,197 $93,468 $1,193,862 $127,812 $34,344 26.9%22 84/82 $59,727 $36,077 $95,804 $1,289,666 $131,007 $35,203 26.9%23 85/83 $0 $61,220 $61,220 $1,350,886 $134,283 $73,063 54.4%24 86/84 $0 $62,751 $62,751 $1,413,637 $137,640 $74,889 54.4%25 87/85 $0 $64,320 $64,320 $1,477,957 $141,081 $76,761 54.4%26 88/86 $0 $65,928 $65,928 $1,543,885 $144,608 $78,680 54.4%27 89/87 $0 $67,576 $67,576 $1,611,461 $148,223 $80,647 54.4%28 90/88 $0 $69,265 $69,265 $1,680,726 $151,928 $82,663 54.4%29 91/89 $0 $70,997 $70,997 $1,751,723 $155,727 $84,730 54.4%30 Q $0 $0 $0 $0 $0 $0 0.0%31 Q $0 $0 $0 $0 $0 $0 0.0%32 Q $0 $0 $0 $0 $0 $0 0.0%33 Q $0 $0 $0 $0 $0 $0 0.0%34 Q $0 $0 $0 $0 $0 $0 0.0%35 Q $0 $0 $0 $0 $0 $0 0.0%

INCOME SUMMARY: Before Planning

Prepared Exclusively For: David S.

Date Prepared: Prepared By:

Susan S.

Case Study

Income$$$$$$$Gap$%

Income$$$$$$$Gap$$

Spouse's$Benefit

Your$$$$$$$$$Ages

Your$Benefit

Annual$Total

Lifetime$Total

Desired$Income



YOU FILE RESTRICTED OR SPOUSE FILES RESTRICTEDOne spouse files a restricted application at Full Retirement Age (FRA). This provides benefits based on the other spouse's benefit amount. The first spouse begins receiving their own benefits (sometime before age 70), receiving increased payments for starting benefits after FRA. The other spouse must already be taking benefits to file a restricted application.


Prepared for:

ONE SPOUSE SUSPENDS - ONE SPOUSE FILES RESTRICTEDOne spouse files for benefits at FRA but does not collect benefits. The other spouse becomes eligible to file a restricted application to receive spousal benefits until age 70. At age 70, the spouse begins taking their own benefits, potentially increasing the total amount of benefits. The amount of additional benefit received will depend on life expectancy and the Cost of Living Adjustment (COLA).

YOU FILE & SUSPEND OR SPOUSE FILES & SUSPENDS

Based on the information providedYOUR RECOMMENDED STRATEGY IS...You$File$Restricted,$Spouse$FilesThe recommended strategy will provide an estimated

$400,768 29.7%

David S.Susan S.

One spouse files for benefits at Full Retirement Age (FRA) and suspends benefit payments. The remaining spouse files for benefits and is eligible to receive 50% spousal benefit if the amount is higher than his or her own benefit. At age 70, suspension ends and the first spouse collects their benefits. Increases for delaying benefits are received by the first spouse.

More Lifetime Benefits vs. Starting Now Increase in Benefits

LEARN MORE ABOUT FILING STRATEGIES FOR MARRIED COUPLES

=$SSI$+$AddiBonal$Income$ =$EsBmated$Income$Gap$

Numbers(diplayed(above(provide(an(es2mate(based(on(assumed(level(infla2on(and(COLA(adjustment(provided(during(ini2al(report.(

AFTER$INCOME$PLANNING$What%is%Your%Es-mated%Income%Gap?%

$0$

$20,000$

$40,000$

$60,000$

$80,000$

$100,000$

$120,000$

$140,000$

$160,000$

63/61(

64/62(

65/63(

66/64(

67/65(

68/66(

69/67(

70/68(

71/69(

72/70(

73/71(

74/72(

75/73(

76/74(

77/75(

78/76(

79/77(

80/78(

81/79(

82/80(

83/81(

84/82(

85/83(

86/84(

87/85(

88/86(

89/87(

90/88(

91/89( G( G( G( G( G( G(


6/15/2013

YEAR1 63/61 $0 $0 $0 $78,000 $0 $0 $78,0002 64/62 $0 $0 $0 $79,950 $0 $0 $79,9503 65/63 $0 $0 $0 $81,949 $0 $0 $81,9494 66/64 $0 $0 $0 $83,997 $0 $0 $83,9975 67/65 $0 $0 $0 $86,097 $0 $0 $86,0976 68/66 $12,151 $24,303 $36,454 $88,250 $59,954 $23,500 $28,2967 69/67 $12,455 $24,910 $37,365 $90,456 $61,453 $24,088 $29,0048 70/68 $42,271 $25,533 $67,804 $92,717 $92,494 $24,690 $2249 71/69 $43,327 $26,171 $69,498 $95,035 $94,805 $25,307 $23010 72/70 $44,411 $26,826 $71,237 $97,411 $97,177 $25,940 $23511 73/71 $45,521 $27,496 $73,017 $99,847 $99,605 $26,588 $24212 74/72 $46,659 $28,184 $74,843 $102,343 $102,096 $27,253 $24713 75/73 $47,825 $28,888 $76,713 $104,901 $104,647 $27,934 $25414 76/74 $49,021 $29,610 $78,631 $107,524 $107,263 $28,632 $26015 77/75 $50,246 $30,351 $80,597 $110,212 $109,945 $29,348 $26716 78/76 $51,503 $31,109 $82,612 $112,967 $112,694 $30,082 $27317 79/77 $52,790 $31,887 $84,677 $115,791 $115,511 $30,834 $28018 80/78 $54,110 $32,684 $86,794 $118,686 $118,399 $31,605 $28719 81/79 $55,463 $33,501 $88,964 $121,653 $121,359 $32,395 $29420 82/80 $56,849 $34,339 $91,188 $124,695 $124,393 $33,205 $30221 83/81 $58,271 $35,197 $93,468 $127,812 $127,503 $34,035 $30922 84/82 $59,727 $36,077 $95,804 $131,007 $130,690 $34,886 $31823 85/83 $0 $61,220 $61,220 $134,283 $96,978 $35,758 $37,30524 86/84 $0 $62,751 $62,751 $137,640 $99,403 $36,652 $38,23725 87/85 $0 $64,320 $64,320 $141,081 $101,888 $37,568 $39,19226 88/86 $0 $65,928 $65,928 $144,608 $104,435 $38,507 $40,17227 89/87 $0 $67,576 $67,576 $148,223 $107,046 $39,470 $41,17728 90/88 $0 $69,265 $69,265 $151,928 $109,722 $40,457 $42,20629 91/89 $0 $70,997 $70,997 $155,727 $112,465 $41,468 $43,26130 Q $0 $0 $0 $0 $0 $0 $031 Q $0 $0 $0 $0 $0 $0 $032 Q $0 $0 $0 $0 $0 $0 $033 Q $0 $0 $0 $0 $0 $0 $034 Q $0 $0 $0 $0 $0 $0 $035 Q $0 $0 $0 $0 $0 $0 $0

Your$$$$$$$$$Ages

Your$Benefit

Spouse's$Benefit

Annual$Total

Desired$Income

Prepared Exclusively For: David S.Susan S.

Date Prepared: Prepared By: Case Study

INCOME SUMMARY: After Planning

Total$Income

Additional$Income

Income$$$Gap$$

Social Security Case Study 1

Business

Transcript of Social Security Case Study 1