bankrate

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um, what?!

Calculator is easy to use but one thing sticks out at me: "This includes $600,000.00 per year from Social Security."I double checked my numbers and they're all accurate and I can't think what would lead to estimates like that. (I actually expect about $3,500 a month from social security, or about $42,000 a year--even if we assume Bankrate is accounting for inflation, $600,000 seems a bit excessive. It could be a typo--perhaps it anticipates I'll receive $600,000 overall (my entire retirement, not per year)?)

3
Date of experience: May 21, 2025