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Home » Pre-Retirees Lowball Their Social Security by This Much
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Pre-Retirees Lowball Their Social Security by This Much

News RoomBy News RoomAugust 18, 20230 Views0
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Roman Samborskyi / Shutterstock.com

Americans are way off-target about how much they will likely receive from Social Security during retirement. But taking one simple step can reduce the degree of the error dramatically, according to new research. People in their 50s and early 60s underestimate their future Social Security benefits by an average of $1,896 a year, or 11.5%, according to a recent paper from the National Bureau of…

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