Social Security Calculator
Compare claiming Social Security at 62, full retirement age, and 70 — see the monthly check, the lifetime totals, and the break-even age where waiting starts to pay off.
Assumes a full retirement age of 67 (born 1960 or later). Delaying past FRA adds 8%/year in delayed retirement credits through age 70.
Claim at 62
$1,750/mo
70% of PIA
- Annual
- $21,000
- Lifetime to 90
- $878,982
Claim at FRA (67)
$2,500/mo
100% of PIA
- Annual
- $30,000
- Lifetime to 90
- $970,471
Claim at 70
best by 90$3,100/mo
124% of PIA
- Annual
- $37,200
- Lifetime to 90
- $1,011,218
Break-Even Ages
Age at which the later-claiming strategy's cumulative benefits overtake the earlier one
| Earlier Claim | Later Claim | Break-Even Age |
|---|---|---|
| Claim at 62 | Claim at FRA (67) | Age 81 |
| Claim at 62 | Claim at 70 | Age 83 |
| Claim at FRA (67) | Claim at 70 | Age 85 |
Keep these numbers
Create a free account to save your figures to a retirement profile you can come back to.
Are you a financial advisor? Run this in a live client session.
For educational purposes only; not financial advice. Figures assume a full retirement age of 67, level annual COLA, and benefits collected on a single earner's record (no spousal, survivor, or earnings-test adjustments). Your actual PIA and FRA depend on your earnings history and birth year — confirm them at SSA.gov and consult a qualified advisor.
Learn the strategy behind the numbers
When to Claim Social Security: The Real Math Behind 62 vs. 67 vs. 70
Claiming Social Security early at 62 permanently cuts your benefit by up to 30%; waiting until 70 raises it by up to 24% above full retirement age. This guide breaks down the reduction and delayed-credit math, the break-even age, the earnings test, how benefits are taxed, and why the claiming decision is really a longevity and household-income decision.
How Social Security Is Taxed: Provisional Income and the 85% Rule
A plain-English guide to how Social Security benefits are taxed — how provisional (combined) income works, the 50% and 85% thresholds, the states that still tax benefits, the 2025 senior deduction, and strategies to keep more of your check.
The Survivor Benefit Trap: Why Delaying Social Security Is Life Insurance for Couples
Most couples treat Social Security as two separate decisions. It's actually one decision, and the higher earner's claim age determines the survivor's income for life. Here's the math advisors should model — and the widow's limit that quietly trims the floor.
The WEP and GPO Repeal: What the Social Security Fairness Act Means for Public Pensioners
The Social Security Fairness Act repealed the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), restoring full Social Security benefits to roughly 3.2 million teachers, firefighters, police officers, and government workers with non-covered pensions. Here's what changed, who's affected, and the tax and claiming decisions the higher benefits create.