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Social Security Calculator
Social Security Calculator
Estimate your retirement benefits based on claim age & earnings
$0
Estimated Monthly Benefit
Based on claim at age 67
Annual Benefit
$0
FRA Benefit %
100%
Years to Claim
0
Benefit Comparison by Claim Age
About the Social Security Calculator
Estimate your US Social Security retirement benefit and see how claiming earlier or later changes it.
How to use the Social Security Calculator
- Enter your Annual Salary and Current Age.
- Choose the Claim Age between 62 and 70.
- Press Calculate Benefits.
Formula and method
Benefits are based on your average indexed earnings over your best 35 years. Claiming before full retirement age reduces the monthly amount, and delaying up to age 70 increases it (by roughly 8 percent for each year of delay).
When to use the Social Security Calculator
- Getting a rough idea of retirement benefits from your earnings.
- Seeing how claiming at different ages changes the monthly payment.
- Building Social Security into a wider retirement plan.
Common mistakes to avoid
- Treating an estimate as an official figure. Check your statement with the Social Security Administration.
- Claiming early without understanding that the payment is permanently reduced.
Tips
- This is an estimate. For an official figure use your Social Security statement.
- Consider health, other income and spouse benefits when choosing a claim age.