Social Security Calculator
Calculate Social Security benefits with our free Social Security calculator. This Social Security calculator estimates monthly payments at different claiming ages. Use this Social Security calculator to maximize your lifetime benefits. Our Social Security calculator helps you plan your retirement income strategy.
Join Other Stock Investors
Get free stock market news & insights delivered to your inbox.
No spam. Unsubscribe anytime.
Social Security Calculator Inputs
Estimate of your average yearly income over your career
Estimated Monthly Benefit
$0
At age 67
Annual Benefit
$0
Lifetime Total
$0
Through age 85
Your Information
Monthly Benefit by Claiming Age
Lifetime Benefits (to age 85)
Understanding Your Social Security Calculator Results
A Social Security calculator estimates your retirement benefits based on earnings and claiming age. This Social Security calculator shows how claiming age dramatically affects monthly and lifetime benefits. Use this Social Security calculator to find your optimal claiming strategy.
Key Social Security concepts:
- Full Retirement Age: Age for 100% benefits (66-67 depending on birth year)
- Early Claiming (62): Reduced benefits permanently, but longer collection period
- Delayed Credits: 8% annual increase by delaying past FRA (up to age 70)
- Break-Even Age: Age where total benefits equal regardless of claiming age
- Longevity: Living longer favors delayed claiming for higher monthly payments
Using this Social Security calculator: Enter your birth year and earnings to see estimated benefits. The Social Security calculator compares claiming ages 62-70. This Social Security calculator shows that delaying can significantly increase monthly benefits but reduces total collection years. Use this Social Security calculator along with health, longevity, and financial needs to make your claiming decision.
Disclaimer: This calculator is for educational and illustrative purposes only. Results are estimates and may not reflect actual outcomes. Investing Point does not guarantee the accuracy of these calculations and is not responsible for any decisions made based on this tool.
Join Other Stock Investors
Get free stock market news & insights delivered to your inbox.
No spam. Unsubscribe anytime.