Asked by ambergjk  |  Submitted August 23, 2016

I'm retired, and I know how much I can collect from Social Security according to the FRA. Can this amount ever go down?

I'm 59 years old and I'm wondering how accurate my SS income estimations are. I do have farm income of about $50,000 per year and some investment income.
Thanks,
Jack

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  Answers  |  1

January 25, 2017

Your Social Security estimate can change based on when you actually retire and when you file. You should visit the Social Security Planner's page and definitely check out the MoneyTips Retirement Planner as well.

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