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there was a financial advisor at Apple who gave talks to employees and iirc they did mention that they used a rough percentage for advising clients with for wha

there was a financial advisor at Apple who gave talks to employees and iirc they did mention that they used a rough percentage for advising clients with for what to expect from Social Security. It may have been 2/3 or 3/4 or 70%. I don't think it was as high as 80.

lotsofpulp 3y ago
Social security benefits can be devalued in many ways. Expect future governments to: 1) increase retirement age 2) reduce purchasing power of money (print/issue/lend out excess money, resulting in inflation) 3) adjust “bend” points in SS benefit formula, making it more and more of a marginal income tax