Opher Ganel
Jun 28, 2023

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There's a reason SS PIA gives 90% of AIME up to $1115, 32% up to $6k-odd, and just 10% beyond that (up to the maximum taxable income level). It's intended to replace low income, assist middle income, and just try to avoid ticking off those with high income.

I don't think there's any realistic chance we'll see no SS benefits anytime in the coming decades. However, I'm fairly confident we will see a combination of further delaying FRA, allowing delayed claiming with higher benefits beyond age 70, and a cut in benefits for the wealthy.

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Opher Ganel
Opher Ganel

Written by Opher Ganel

Consultant | systems engineer | physicist | writer | avid reader | amateur photographer. I write about personal finance from an often contrarian point of view.

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