Larry Kotlikoff is the founder and president of Economic Security Planning, a company that markets Maximize My Social Security, a Social Security benefits calculator referred to in this post. Ask Larry about Social Security:Loading...How Does Recent Income Level Affect Benefit Amounts? Thanks, CarlHi Carl, Social Security retirement benefits are calculated based on a person's highest 35 years of wage-indexed earnings. Hi Larry, I am currently drawing about $900 for a retirement benefit and $1800 a month for my Social Security disability benefit. If you're drawing Social Security disability benefits, you couldn't also be receiving Social Security retirement benefits.

Source: Forbes March 12, 2018 13:30 UTC