Social Security Calculator
See how your monthly benefit changes depending on when you claim, and run a break-even analysis that factors in investment returns.
Your Information
Enter the estimated monthly benefit from your Social Security statement at ssa.gov. Nothing here is saved or sent to anyone.
Find this figure under "Plan for Retirement" in your personal my Social Security account.
Your Estimate
67
Your Full Retirement Age
$2,800
Monthly Benefit at Age 67
No change
Vs. Benefit at Full Retirement Age
Age 78
Breakeven Age vs. Claiming at 62
Monthly Benefit by Claiming Age
Cumulative Lifetime Benefit: Claim at 62 vs. FRA vs. 70
If you live past age 78, claiming at full retirement age pays more in total than claiming at 62. Waiting until 70 overtakes claiming at 62 around age 80.
| Claiming Age | Monthly Benefit | Annual Benefit | Vs. Full Retirement Age |
|---|---|---|---|
| 62 | $1,960 | $23,520 | -30.0% |
| 63 | $2,100 | $25,200 | -25.0% |
| 64 | $2,240 | $26,880 | -20.0% |
| 65 | $2,427 | $29,120 | -13.3% |
| 66 | $2,613 | $31,360 | -6.7% |
| 67 | $2,800 | $33,600 | — |
| 68 | $3,024 | $36,288 | +8.0% |
| 69 | $3,248 | $38,976 | +16.0% |
| 70 | $3,472 | $41,664 | +24.0% |
Coordinate Social Security With Your Full Plan
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Learn More About Social SecurityThese calculators are provided for general educational purposes only and do not constitute tax, legal, or investment advice. They use simplified SSA early-claiming reduction and delayed-retirement-credit formulas based on your birth year, assume no cost-of-living adjustments, and do not account for spousal, survivor, or divorced-spouse benefits, continued earnings before full retirement age, or benefit taxation. The Break Even Analysis additionally assumes every benefit check is invested and compounds at a single steady annual rate of return, which does not reflect actual market volatility, taxes, or fees. Your actual results may differ. Please consult Cannon Advisors or the Social Security Administration for guidance specific to your situation.