Rob Retiree gets a Social Security benefit of $800 per month. His wife receives a benefit equal to 50 percent of Rob^ prime s benefit. If they take an additional $300 per month from savings, what will their monthly income be?
Their monthly income would be $1,500. Because Rob gets $800 a month and his wife receives half of that amount ($400) their total is $1,200. [ But they also add an additional $300 to that from
Savings so $1,200+$300 = $1,500 a month for their combined income. ]
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Asked 1/24/2022 4:34:52 PM
Updated 6/28/2023 3:38:17 PM
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