Free Tool

Social Security Claiming Estimator

Enter your estimated benefit at Full Retirement Age and see how claiming at 62, 67, or 70 changes your monthly check — and your lifetime benefit.

Estimate from your SSA statement at ssa.gov.
Claim at 62
$1,750/mo
$21,000/year
Lifetime to age 90
$588,000
Claim at 65
$2,168/mo
$26,010/year
Lifetime to age 90
$650,250
Claim at 67
$2,500/mo
$30,000/year
Lifetime to age 90
$690,000
Claim at 70 · Best
$3,100/mo
$37,200/year
Lifetime to age 90
$744,000

How claiming age affects your benefit

Claiming at 62 permanently reduces your benefit by about 30%. Claiming at 70 permanently increases it by 24% above Full Retirement Age (67 for those born in 1960 or later). That’s an 8% per year delayed retirement credit — inflation adjusted, backed by the US Treasury, and one of the best risk-adjusted returns available to a retiree.

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