The Wharton School at the University of Pennsylvania has released a new Social Security simulation model that allows users to build their own reform plan. What’s interesting about the simulator is that it’s built on an independent microsimulation model of Social Security’s finances rather than pre-run reforms chosen by SSA’s actuaries. This means that as the model is further developed, additional reform options may become available, as well as outputs on the distribution of Social Security benefits. Well worth checking out.
You can find the model here.