Average Indexed Monthly Earnings (AIME)

  

Categories: Index Funds, Econ

Average indexed monthly earnings (AIME) is a term you’ll want to know when you’re an old dude or dudette. Why? Because it determines how much you’ll receive in Social Security (that is, if Social Security still exists). Social Security will take the average of up to 35 years of your earnings and find an average to determine what your benefits will be.

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Finance: What are normalized earnings?5 Views

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Finance allah shmoop what are normalized earnings All right this

00:07

is norm or it's supposed to be We just couldn't

00:10

get the licensing rights from him So this is our

00:12

public domain version of norm from cheers Sorry And this's

00:17

normal that's a bell curve Yeah you're in the ebola

00:21

abatement business Each year the government spends a few bucks

00:25

on you Just keep you alive Is a business in

00:28

case Well you know a few hundred million peoples faces

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start melting off like you know that scene in indiana

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jones you know the good ones so your earnings are

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usually here and here and here and here a buck

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a buck twelve twenty three twenty four years I'm like

00:43

that But then one year after miss malaria's high school

00:46

biology class takes a field trip to study monkeys bats

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and beetle crap in caves in central ghana Well your

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business picks up So this year when the gove is

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having to spend a fortune on ebola abatement you were

01:00

nine dollars and forty two cents a share And since

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world awareness has suddenly shot up the most popular yahoo

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search term index that thing well next year you'll still

01:11

learn five seventeen to share even though most the ebola

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is pretty much gone now But then things quiet down

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in life goes back to normal where your earnings are

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you know normal and you could plot some kind of

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line through them And if someone asked you what normalized

01:27

earnings are in your little ebola abatement company well you

01:30

could say that your normalized earnings are in about a

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buck twenty Well fortunately making out with the nigerian fruit

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bat is not normal so you probably don't have to 00:01:40.539 --> [endTime] worry about contracting ebola Ooh

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