Entry of Future Earnings
In both ESPlanner and MaximizeMySocialSecurity, the program asks the user to enter "future earnings" following prior entry of "past covered earnings". Given my spouse' s relatively high earnings, any number entered for "future earnings" is way higher than what her covered earnings will be. As an example, let's assume her earnings in 2014 were $175,000 and her covered earnings upon which she was taxed were 117,000. Is the correct entry for "future earnings" and the estimate of real growth rate called for really the higher number, i. e. the $175,000 figure? If so how does the calculator " handle" it in estimating true " covered earnings" and therefore the resulting benefit?