mrs chambers is 62 years old and plans to retire. over her life she earned an average of $2,500 per month after adjusting for in
flation the formula for calculating the full monthly social security benefits is 90% of the first $680 earned the 32% of the earnings over $680 what will her monthly benefit be if her full retirement benefit is reduced by 30% for retiring at 62 years old
she needs to take 320 dollars with her for the trip because she needs about 290 dollars for her expenses then she wants 30 dollars left over so she needs to take about 3320 dollars and none of that includes any tax.
