3 Reasons to Expect Less Income From Social Security
There's a good chance Social Security will end up being an important retirement income source for you down the line. And so knowing what monthly benefit you're in line for is definitely a helpful thing.
To that end, there's good news. You can get an estimate of your future monthly benefit even if you're years away from retirement. All you need to do is create an account at SSA.gov and access your annual earnings statement, which will include a summary of recent wages plus information on the benefit you may be in line for.
But while it's a good idea to access an estimate of your future benefit, your best bet is to take that number with a grain of salt. In fact, your actual retirement benefit could end up being much lower for these reasons.
Source Fool.com
