About the Social Security Calculator
Estimate your monthly Social Security retirement benefit and compare claiming at 62, 67 and 70. This tool is free, works in your browser and needs no sign-up.
How to use the Social Security Calculator
Enter your average indexed monthly earnings and the age you plan to start benefits. Full retirement age is taken as 67.
Formula used
Benefit at full age = 90% of the first 1,286 + 32% up to 7,749 + 15% above. Early claiming reduces it. Waiting past 67 adds 8% per year up to 70.
Example
With Average indexed monthly earnings (AIME) 6000, the calculator shows: Benefit at full retirement age (67) = 2,665.88 per month; Benefit at your chosen age (67) = 2,665.88 per month; Per year = 31,990.56.
Frequently asked questions
Should I claim Social Security at 62 or wait?
Claiming at 62 gives a permanently lower monthly amount. Waiting increases it each year until 70. The best age depends on your health, needs and other income.
Is the Social Security Calculator free to use?
Yes. It is completely free and you can use it as many times as you like.
How accurate is the Social Security Calculator?
The calculator uses standard formulas, so the maths is exact. Real life results can differ because of fees, taxes, rounding or personal factors, so treat the answer as an estimate.
Do you store the numbers I enter?
No. All calculations run in your browser. The values you type are not sent to our server.
Disclaimer: results are estimates for information only. They are not financial, medical or professional advice.