Social Security Calculator

Use this social security benefit calculator to estimate your amount of social security benefits.

Social security calculator.

The my social security retirement calculator automatically gives you an estimate of your social security benefit if you start payments at age 62 full retirement age and age 70 based on your. Marital status as defined by the social security administration. My social security retirement calculator. So benefit estimates made by the quick calculator are rough.

Also experiment with other retirement calculators or explore hundreds of individual calculators addressing other topics such as math fitness health and many more. You can also input expected future income for inclusion in the estimate. Calculate my social security income. The purpose of the calculation is to adjust your career earnings to reflect the changes in general wage levels that took place during the years of your career.

Visit www ssa govfor additional information on social security benefits eligibility and rules. If you do not have 35 years of earnings a zero will be used in the calculation which will lower the average. The calculator provides an estimate of your social security benefits based on your earnings history and age. Average life expectancy based on average mortality used by the social security administration as of march 2016 to estimate an end date for social security monthly benefits.

These days there s a lot of doom and gloom about social security s solvency or lack thereof. Instead it will estimate your earnings based on information you provide. Compare retirement benefit estimates based on your selected date or age to begin receiving benefits with retirement estimates for ages 62 full retirement age fra and 70. The job that paid you say a 300 monthly income 40 years ago would yield quite a bit more today.

The social security benefits calculation uses your highest 35 years of earnings to calculate your average monthly earnings. And regardless of whether you think social security s future is secure the fact remains that you shouldn t plan on living exclusively off your social security benefits. Aarp social security calculator. Benefit estimates depend on your date of birth and on your earnings history.

For security the quick calculator does not access your earnings record. Our tool also helps you see what percentage of daily expenses your payments can cover and how you can increase your benefits by waiting to collect.