Social Security Calculator
Estimate your Social Security benefits and find the optimal claiming age.
Your full retirement age (FRA) is 67.0 years
Monthly benefit
$2,281
+0% increase
Benefit at FRA
$2,281
Your FRA
67.0
Lifetime benefits comparison
Claim at 62
Lifetime benefits
$440,689
Claim at FRA
Lifetime benefits
$492,696
Claim at 70
Lifetime benefits
$509,119
Break-even analysis
Break-even 62 vs FRA
Age 67
Break-even FRA vs 70
Age 70
Cumulative benefits
Strategy tip
Claiming at FRA gives you the full benefit without reduction or bonus. It's a good balance if you don't want to wait but don't need the money urgently.
What is Social Security?
Social Security is the U.S. federal retirement program that provides income to retirees based on their work history and contributions.
How is the benefit calculated?
It's based on your 35 highest-earning years, adjusted for inflation. The monthly average (AIME) is applied to a three-tier formula to calculate your primary insurance amount (PIA).
Claiming strategies
You can claim from age 62 (with reduction) to 70 (with 32% bonus). The optimal decision depends on your health, financial needs, and family situation.