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Check your Social Security benefits

Posted: November 29, 2012 2:00 a.m.
Updated: November 29, 2012 2:00 a.m.
 

Whether close to retirement, planning for it or concerned about benefits accrued, the Social Security Administration offers an online social security estimator for people.

The estimator gives an idea of what monthly Social Security benefits would be, based on a current record of Social Security earnings. Actual benefit amount cannot be determined until application for benefits.

The Social Security Administration reminds people that they will need about 70 percent of their pre-retirement earnings to maintain an existing standard of living.

Social Security benefits will only make up a part of this percentage and retirement income should be supplemented by a pension, savings, and/or investments, officials said.

Readers can check their estimated social security benefits at http://www.ssa.gov/estimator.

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