Estimate your retirement benefits with precision
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The Social Security Administration uses a formula based on your 35 highest-earning years to calculate your Primary Insurance Amount (PIA). This calculator provides an estimate based on simplified assumptions:
For those born in 1960 or later, the full retirement age is 67. Retiring at 62 (the earliest age) reduces benefits by about 30%, while delaying until 70 increases benefits by about 24% beyond the full retirement amount.
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Comprehensive tool to visualize your retirement income and expenses.
Learn MoreNo, this is an estimate. Actual benefits depend on your complete earnings history, which the Social Security Administration uses to calculate your benefits. The actual formula considers your 35 highest-earning years, adjusted for inflation.
Full retirement age is when you're eligible to receive 100% of your Social Security benefit. It varies based on your birth year:
Yes, this calculator provides a reasonable estimate for retirement planning. However, for precise financial planning, you should create an account on the Social Security Administration's website to view your actual earnings history and projected benefits.
Your retirement age significantly impacts your benefit amount:
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