Social Security calculator
Estimate monthly Social Security retirement benefits from age 62 to 70 and compare lifetime cumulative payouts.
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Claiming Age Comparison
Based on official Social Security Administration (SSA) formulas for individuals born in 1960 or later (Full Retirement Age 67). Delayed retirement credits stop accumulating at age 70.
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About this tool
Estimate your Social Security retirement benefit based on your planned claiming age. Compare early retirement at age 62 (permanent 30% reduction), Full Retirement Age (FRA 67), and delayed claiming up to age 70 (+24% credit).
How to use it
- 1 Enter your estimated monthly benefit at Full Retirement Age (age 67).
- 2 Use the slider to see how claiming earlier or later adjusts your monthly benefit.
- 3 Review the comparison table showing lifetime payouts by age 85.
Questions
What is my Full Retirement Age (FRA)?
For anyone born in 1960 or later, Full Retirement Age under Social Security rules is 67.
How much do benefits decrease if I claim at age 62?
Claiming at age 62 permanently reduces your monthly benefit by 30% compared to claiming at age 67.
How much do benefits increase if I wait until age 70?
For each year you delay claiming beyond age 67 up to age 70, your benefit earns an 8% delayed retirement credit, reaching 124% of your FRA benefit at age 70.
Is my data uploaded?
No. This tool runs in your browser, so your text and files never reach our server.
Is this tool free?
Yes. It’s free to use with no sign-up and no limits for normal use.
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