Social Security Benefits Calculator
Estimate how your Social Security benefits change based on when you start claiming. Compare early, full, and delayed retirement filing strategies.
Estimated benefit at Full Retirement Age (67): $3,012/mo · Filing at your full retirement age gives you 100% of your benefit.
⚠️ These are estimates based on the SSA bend-point formula. They assume you earn your current income, in today's dollars, in every year you've worked and every year until the age you stop working. A real earnings history that rose over time, or that has gaps, will give a different benefit. Visit ssa.gov for official calculations based on your actual earnings record.
Monthly Benefit at Age 67
$3,012
Full retirement age
Annual Benefit
$36,144
Breakeven Age
Age 81
Delayed (70) overtakes early (62)
Cumulative Benefits by Age
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Try it freeNo signup requiredUnderstanding Social Security Benefits
What is Full Retirement Age (FRA)?
For anyone born in 1960 or later, your Full Retirement Age is 67. This is the age when you receive 100% of your calculated benefit. You can claim as early as 62 (with reduced benefits) or delay until 70 (with increased benefits).
How much does early filing reduce my benefit?
Filing before FRA permanently reduces your monthly benefit. The reduction is 6.67% per year for the first 3 years before FRA, and 5% per year for any additional years. Filing at 62 (5 years early) reduces your benefit by about 30%.
What are delayed retirement credits?
For each year you delay claiming past FRA (up to age 70), your benefit increases by 8% per year. This means filing at 70 gives you 124% of your FRA benefit - a significant boost that lasts for life.
Where do I find my estimated benefit?
Create an account at ssa.gov/myaccount to view your Social Security statement, which shows your estimated monthly benefit at different filing ages based on your actual earnings record.
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