The Bush Plan To Reform Social Security: Case Studies from the Heritage PRA Calculator

From the Heritage Foundation:

In February, President George W. Bush released his plan to reform Social Security with Personal Retirement Accounts (PRAs). In the months since, there has been great discussion and debate over how the Bush plan would affect individuals. Using details of the President’s plan from the White House, along with reasonable assumptions and inferences, analysts at the Heritage Foundation’s Center for Data Analysis have constructed a model of the Bush plan that shows how workers who choose to open a personal account would fare. Implemented as an online calculator, this model allows any individual to see how the Bush plan would affect him or her, relative to today’s Social Security.[1]

The Heritage Foundation's Personal Retirement Account Calculator estimates how you would fare under the President's plan to reform Social Security.