Social Security Calculator

Calculate my social security income.

Social security calculator.

These days there s a lot of doom and gloom about social security s solvency or lack thereof. Visit www ssa govfor additional information on social security benefits eligibility and rules. Remember this is only an estimate. Also experiment with other retirement calculators or explore hundreds of individual calculators addressing other topics such as math fitness health and many more.

Benefit estimates depend on your date of birth and on your earnings history. Our tool also helps you see what percentage of daily expenses your payments can cover and how you can increase your benefits by waiting to collect. Aarp social security calculator. Actual benefits may vary depending on actual work history and.

Average life expectancy based on average mortality used by the social security administration as of march 2016 to estimate an end date for social security monthly benefits. Free social security calculator to find the best age to start ss benefits or to compare the financial differences between starting ss at different ages in the u s. The purpose of the calculation is to adjust your career earnings to reflect the changes in general wage levels that took place during the years of your career. So benefit estimates made by the quick calculator are rough.

Marital status as defined by the social security administration. Instead it will estimate your earnings based on information you provide. My social security retirement calculator. If you do not have 35 years of earnings a zero will be used in the calculation which will lower the average.

And regardless of whether you think social security s future is secure the fact remains that you shouldn t plan on living exclusively off your social security benefits. The job that paid you say a 300 monthly income 40 years ago would yield quite a bit more today. Use this social security benefit calculator to estimate your amount of social security benefits. You can also input expected future income for inclusion in the estimate.

For security the quick calculator does not access your earnings record. The my social security retirement calculator automatically gives you an estimate of your social security benefit if you start payments at age 62 full retirement age and age 70 based on your.