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This is the future home of the DaveSave app.
DaveSave
Help Guide
Features
Beginning Balance
Beginning Year
Beginning Age
Years Savings Should Last
Beginning Social Security Age
- Enter the age you plan on enrolling in Social Security and begin taking payments.
- Example 1: You are 62 but don’t plan on enrolling until you are 67, then enter 67 here.
- Example 2: You are 72 years old and already receiving Social Security payments, then enter 72 here.
Beginning Social Security Amount
- This is the amount you expect to receive from Social Security when you reach your Beginning Social Security Age. The amount is for the first year’s payment. In the calculations, subsequent year amounts will be adjusted to keep up with inflation.
- Example 1: You are 55 years old and plan to begin receiving Social Security at age 62, then enter 62 for your Beginning Social Security Amount and enter your expected SS payment for age 62 (which you can look up on the Social Security Administration's website).
- Example 2: You are 72 years old, already receiving Social Security, and this year’s amount will be $30,000. Then you would enter 72 for Beginning Social Security Age and $30,000 for Beginning Social Security Amount.
Average Investment Return (0% to +50%)
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