Social Security Calculator
Determine ideal application age and compare claiming strategies
Plan your Social Security retirement benefits by determining the ideal application age and comparing different claiming strategies. This calculator helps you maximize your lifetime benefits based on your personal circumstances.
Determine Ideal Application Age
Understanding Social Security Benefits
Social Security retirement benefits are calculated based on your highest 35 years of earnings and your claiming age. You can claim benefits as early as age 62, but your monthly benefit will be reduced. Waiting until your full retirement age (66-67 depending on birth year) gives you 100% of your benefit, while waiting until age 70 can increase it by up to 32%.
The optimal claiming strategy depends on your life expectancy, other income sources, and financial needs. This calculator helps you determine the best age to claim benefits based on your personal circumstances and goals.