Social Security Estimator
Estimate your Social Security retirement benefits based on earnings history.
Formula
Benefits based on AIME (Average Indexed Monthly Earnings) with bend-point formulaHow Social Security Benefits Are Calculated
The SSA looks at your 35 highest-earning years, adjusts for inflation, and applies a formula with "bend points" to calculate your Primary Insurance Amount (PIA). Claiming early reduces benefits ~6.7% per year before FRA. Delaying past FRA increases benefits 8% per year until age 70.
Frequently Asked Questions
When should I claim Social Security?
You can claim at 62 (reduced benefits), full retirement age 67 (full benefits), or delay to 70 (8% increase per year over FRA).
Is this estimate exact?
This is a simplified estimate. Your actual benefit depends on your 35 highest-earning years, indexed for inflation.