Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Social Security and other Retirement Planning topics.
There are many financial planning tools that will help you determine the best lifetime retirement income plan. Along with these tools is a Social Security benefits calculator that will help you generate an idea of what your benefit might be. Your Social Security benefit is determined by averaging your top earnings from your highest grossing income for the top 35 work years. There is a limit to the amount of benefits that you may receive.