The program allows you to specify the exact date of retirement. I chose 5/18/2014. So I entered my income in the present year and used the autofill tool to grow my salary by some percent per year, to my retirement. I entered 0 for 2014. I think the program should pro-rate my salary for that year out to the date of my retirement, and not make me grab a calculator and do this by hand.
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I don't think that the few months of missing salary actually gets accounted for in your year of retirement. Currently, I think the compute engine assumes a Jan 1 retirement date. The specific date may be used by some other portion of compute engine. I don't recall off-hand.
The specific date of retirement gets used by the social security calculations (depending on your date of birth, the age at which you receive full SS benefits can be 65 1/2 and other fractional years).
Dick Munroe
My wife retires 11/15/2013, yet no wages are shown in the earnings/wages grid for that year.
Your answer "the specific date of retirement gets used by the social security calculations" doesn't appear to answer either question on the forum, which is my question too: Why don't my wife's wages for 2013 appear in the grid?
How can I be sure they are included in the (no-doubt complex) calculations?
Do I have to do as the first poster suggested and calculate it by hand and enter it myself?
Hmmm, this doesn't sound right. Open a support ticket, upload your database, describe your problem and we'll take a look.
Best,
Dick Munroe