Estimate your Social Security retirement benefit based on your birth year, income, and planned retirement age.
Estimate your Social Security retirement benefit with our free calculator, based on your earnings history and the age at which you plan to start claiming.
Social Security benefits are based on your highest 35 years of indexed earnings, averaged and run through a formula to determine your Primary Insurance Amount (PIA). Claiming before your full retirement age reduces your benefit; claiming after increases it, up to age 70.
Full retirement age depends on your birth year, typically between 66-67 for most people currently approaching retirement, check current guidelines for your specific birth year.
Claiming before full retirement age permanently reduces your monthly benefit, the earlier you claim (as early as 62), the larger the reduction.
Yes, delaying benefits past full retirement age increases your monthly payment up until age 70, after which there's no further increase for waiting.
This provides a general estimate; your official benefit estimate is available through your Social Security account, which uses your actual recorded earnings history.