Social Security Calculator - Estimate Your Monthly Benefit
Estimate your monthly Social Security retirement benefit for any claiming age from 62 to 70.
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About This Tool
About This Tool
The Social Security Calculator estimates your monthly US Social Security retirement benefit in seconds. Enter your year of birth and your average indexed monthly earnings, choose the age you plan to claim, and the calculator shows your estimated benefit, your primary insurance amount, your full retirement age and a side by side comparison for every claiming age from 62 to 70. Everything runs in your browser and no data is sent anywhere.
Key Features
- Uses the official SSA formula with the 2026 bend points of $1,286 and $7,749
- Finds your full retirement age automatically from your year of birth
- Enter your AIME directly or estimate it from yearly earnings and years worked
- Shows the early claiming reduction and the delayed retirement credits up to age 70
- Compares monthly and yearly benefits for every claiming age from 62 to 70
- Free to use with no signup and no data stored
How to Use
- Enter your year of birth so the calculator can find your full retirement age.
- Enter your average indexed monthly earnings (AIME) from your Social Security statement, or switch to the earnings estimate and enter your average yearly earnings and years worked.
- Choose the age you plan to start benefits, from 62 to 70.
- Read your estimated monthly benefit and compare every claiming age in the table.
How the Calculation Works
Social Security first averages your highest 35 years of indexed earnings over 420 months to get your AIME. The PIA formula then applies 90 percent to the first $1,286 of AIME, 32 percent to the part between $1,286 and $7,749, and 15 percent to any amount above $7,749. The result is your primary insurance amount, the benefit you receive at full retirement age. Claiming earlier reduces the benefit by five ninths of one percent for each of the first 36 months and five twelfths of one percent for each extra month. Waiting past full retirement age adds delayed retirement credits of 8 percent per year until age 70.
Frequently Asked Questions
What is AIME?
AIME is your average indexed monthly earnings. Social Security adjusts your past earnings for wage growth, takes your highest 35 years, and averages them over 420 months.
What is the full retirement age?
Full retirement age depends on your year of birth. It is 66 for people born from 1943 to 1954, rises by two months for each year from 1955 to 1959, and is 67 for everyone born in 1960 or later.
How much is my benefit reduced if I claim at 62?
If your full retirement age is 67, claiming at 62 reduces your benefit by 30 percent. The reduction is permanent, so compare every claiming age before you decide.
Does waiting until 70 always pay off?
Waiting gives you a larger monthly benefit for life, but you give up the payments you could have received earlier. The better choice depends on your health, income needs and life expectancy.
Is this calculator affiliated with the Social Security Administration?
No. This is an independent estimate tool. For your official estimate, sign in to your account on the Social Security Administration website.
Find your AIME on your Social Security statement, or use the earnings estimate instead.
Your typical gross pay for one year of work.
The estimate assumes the same earnings every year and counts your highest 35 years.
Your estimated monthly benefit
$0
Yearly benefit
$0
Benefit at full retirement age
$0
Full retirement age
67
Compared with full age
Full amount
Your benefit at every claiming age
Amounts are estimates in current dollars. They do not include future cost of living adjustments, taxes, Medicare premiums, spousal or survivor benefits, or the earnings test.
How the calculation works
Step 1, AIME. Social Security averages your highest 35 years of indexed earnings over 420 months. That average is your Average Indexed Monthly Earnings.
Step 2, PIA. For workers who turn 62 in 2026, the formula pays 90 percent of the first $1,286 of AIME, 32 percent of AIME between $1,286 and $7,749, and 15 percent of AIME above $7,749. The result is your Primary Insurance Amount, the benefit payable at full retirement age.
Step 3, claiming age. Claiming before full retirement age reduces the benefit permanently, by five ninths of one percent for each of the first 36 months and five twelfths of one percent for each extra month. Waiting past full retirement age adds delayed retirement credits of 8 percent per year, up to age 70.
How to use
This calculator provides an estimate only. It is not affiliated with the US Social Security Administration and it does not access your official earnings record. Your actual benefit depends on your full indexed earnings history, the bend points for the year you turn 62, cost of living adjustments and other SSA rules. For an official estimate, sign in to your account on the Social Security Administration website.