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Social Security Benefits Calculator
1. Enter your annual salary:
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2. Enter the year you were born:
(Will only do a calculation for a
birth year of 1950 or after)
Your Current Guaranteed
Annual Benefit:
Under the Bush Privatization
plan, you will get:
From Social Security:
From Private Accounts
Total Benefit Under
Bush Privatization:
. .
 
Your total annual loss in dollars under the Bush plan:
 
 
 
 
Your total annual loss by percentage under the Bush Plan:
 %
 
 

 

All numbers are annual benefits adjusted for inflation. Calculations are based on Congressional Budget Office (CBO) economic assumptions. The President has said that individual accounts would do nothing to restore long-term solvency and that further benefit cuts are necessary. Since he has not made a specific proposal, these estimates assume that benefits are “price indexed,” a proposal made in Plan 2 of President Bush’s Social Security Commission. Please Click Here for Detailed Explanation of Calculations and Assumptions.
Calculations by Jason Furman from the Center of Budget and Policy Priorities

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