Social Security Benefit Estimator
Estimate your monthly Social Security benefit based on claiming age. Claiming early (62) reduces benefits; delaying past Full Retirement Age (67) increases them 8% per year up to 70.
Inputs
Get this from ssa.gov/myaccount
67 if born 1960+, 66 if born 1943-1954
Monthly benefit at chosen age
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Annual benefit
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Percent of FRA benefit
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Annual delta vs FRA claim
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Cumulative over 20 years
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About Social Security Benefit Estimator
When to claim?
Break-even of claiming at 62 vs 70 is around age 80. If you expect to live past 80 (most do), delay. Spousal/survivor benefits, taxes, and health all factor in too.
Working while collecting
Before FRA, $1 of benefits is withheld for every $2 earned above $22,320 (2024). Withheld amounts are restored after FRA. No earnings test once you reach FRA.
Taxation
Up to 85% of SS can be taxable as federal income depending on "combined income". 13 states tax SS. Roth withdrawals and HSA do not count in combined income — useful planning lever.