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Social Security Quick Calculator: https://www.ssa.gov/OACT/quickcalc/ 00:00 Intro 01:01 How much of my income will come from Social Security? 02:25 Estimating Percentages by Income 03:38 Replacement - lower, average, and higher income earners 05:35 What’s the Gap? 08:35 Personalize Your Info 09:04 Key Points 10:03 Bloopers Discover how much of your income Social Security is likely to replace in retirement and why it’s critical to plan for the gap. This video breaks down Social Security’s progressive benefits formula, replacement rates for lower, average, and higher earners, and how to estimate your benefits. Learn how to calculate the nest egg you’ll need using the 4% rule and other strategies to ensure a secure retirement. Whether you see Social Security as a safety net or a bonus, this guide helps you prepare for the future. Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: / erintalksmoney Thanks for watching, I appreciate you!