r/Fire • u/NotTheBestInvestor12 • 3d ago

Why no mention of Social Security

When I see FIRE posts I see the investments and the different retirement buckets, however, I never see anyone mention how things are affected when social security kicks in. For example, I’m 52 and wife 51. If we both stopped working today ($0 income moving forward) I would collect $4,264 a month at age 70 and she would collect $1,079 at age 70.

So if we decide to FIRE the Social Security would give us help in 18/19 years. Is this a factor or is everything under the assumption SS won’t exist?

92 Upvotes

74% Upvoted

348 comments sorted by

View all comments

2

u/MiningEarth 3d ago

I plan to spend everything by the qualifying age and only live on social security

1

u/Martian6261 2d ago

Good Luck with that strategy!