Social Security Benefits Calculator
Estimate your Social Security monthly benefit at any claiming age from 62 to 70. Enter your FRA benefit from your SSA statement to see how early or delayed claiming affects your lifetime payout.
Related Tools
Frequently Asked Questions
When is the best time to claim Social Security?
It depends on health, finances, and life expectancy. Claiming at 62 gives more months of income but at a permanent reduction (up to 30% less than FRA). Waiting until 70 gives up to 32% more per month than FRA. The break-even point vs. early claiming is typically age 78–82.
What is Full Retirement Age for Social Security?
FRA is the age at which you receive 100% of your earned benefit. For those born 1960 or later, FRA is 67. For birth years 1955–1959, FRA ranges from 66y2m to 66y10m. Each year of delay past FRA adds 8% to your benefit up to age 70.
How much does delaying Social Security increase my benefit?
Each year past FRA (up to 70) adds 8%. Delaying from FRA 67 to 70 gives a 24% higher monthly benefit. A $2,000/month FRA benefit becomes $2,480/month at 70. The cumulative lifetime advantage from delaying typically kicks in around age 80.