About Mabank. Mabank, Texas. (Mabank, Texas is located on U.S. Highway 175, near the intersection of Farm Road 90, FM 198, and U.S. Highway 175, sixteen miles southeast of Kaufman, Texas, far in the southeast corner of Kaufman County, Texas. The Mabank, Texas area was first settled by Lorenzo D. Stover in 1846.
A: Your Social Security payment is based on your best 35 years of work. And, whether we like it or not, if you donât have 35 years of work, the Social Security Administration (SSA) still uses 35 years and posts zeros for the missing years, says Andy Landis, author of Social Security: The Inside Story, 2016 Edition.
For the most part, Social Security was never supposed to be the sole source of retirement income. More of a starting point; and a very basic starting point at that. The average American can look forward to an annual retirement benefit of less than $15,000 a year; or roughly $1,230 a month.While social security is guaranteed, the income from it isnât very much.At the same time, fewer and fewer Americans have pensions to look forward to.ore of a starting point; and a very basic starting point at that. The average American can look forward to an annual retirement benefit of less than $15,000 a year; or roughly $1,230 a month.