Is your client considering retirement prior to turning full retirement age? Benefit amounts on their SSA statement assumes they will be working until their full retirement age. Below is a tutorial of how to estimate their benefit amount if they plan on retiring prior to FRA

Click here first then fill in your information

Next input last year’s salary (the system doesn’t have your last year figures but all other years they do):

Then:

Then (important):

Results (shows taking at 62 which is close to a 25% reduction. Take this number and divide by 75%. This would be their estimated benefit at full retirement age, the number the software needs):