AIME (Average Indexed Monthly Earnings)
RetirementThe average of your 35 highest-earning years of Social Security-taxable income, adjusted for wage inflation.
Example
Example: For someone with $300,000 in retirement savings planning to retire at 65, aime (average indexed monthly earnings) directly affects their strategy. Since it involves the average of your 35 highest-earning years of social security-taxable income, adjusted, understanding this concept could mean an extra $50,000-$100,000 in retirement assets. Plan with our retirement calculator.