Social Security Retirement Benefits

Social Security retirement benefits are available to 96 percent of American workers who are covered under Social Security. But the official Website for Social Security warns: 'you should not rely only on Social Security for your retirement income.'

Retirement-planning-central.com is about your personal retirement planning. It is also my opinion that Social Security is not a retirement plan. You should not rely only on Social Security for your retirement income.

On this Website we discuss various issues around retirement planning. Visit these pages and educate yourself. Make retirement provision your number one priority. Take control of your personal retirement planning and eliminate uncertainty!

While using our recommended retirement income planner, it would require that you determine your expected Social Security benefits to get your complete retirement income picture. Please visit our discussion on Social Security benefits estimator for more information.

Social Security provides a very wide safety net. Not only are there retirement benefits available to anyone with ten years (40 credits) of work in a job and Social Security taxes paid, but even wider than that.

Disability benefits become available if you are older than 31 and have from 20 credits or five years of work.

Survivor benefits can be paid to a widow or widower and even under certain conditions to divorced spouses. Unmarried children and dependent parents over 62 years could also qualify.

The Social Security safety net provides one more possible benefit: Medicare when you reach age 65. The Social Security credits you earned also count toward eligibility for Medicare. Medicare is a health insurance plan.

Social Security is a huge program overall and we can only touch the highlights here. You can get more detail at the official Website of Social Security.

There is a sobering caveat on the official Social Security Website: 'The law governing benefit amounts may change because, by 2033, the payroll taxes collected will be enough to pay only about 75 cents for each dollar of scheduled benefits.'

Social Security provides you with a safety net. That is true. But for a comfortable retirement you better take control of your personal retirement planning and make retirement provision for yourself your priority as soon as possible.

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