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 Americans wildly miscalculate this aspect of their Social Security benefits. Roman Samborskyi / Shutterstock.com

Americans are way off-target about how much they will likely earn from Social Security during retirement. But taking one simple step can reduce the degree of the error dramatically, according to new research. People in their 50s and 60s underestimate their future Social Security benefits by an average of $1,896 a year, or 11.5%, according to a recent paper from the National Bureau of Economic…

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