Social Security Calculator
See how claiming early or late changes your monthly benefit and lifetime total.
Benefit Details
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Monthly Benefit at Claim Age
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Total Lifetime Benefits
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Difference vs FRA Claim
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Years Receiving Benefits
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Early vs delayed claiming
Claiming at 62 can reduce your benefit by about 30% versus FRA, while delaying to 70 can raise it by about 24% (8% per year). Delaying wins in lifetime terms only if you live long enough — the calculator shows both the monthly and lifetime impact of your choice.
Social Security FAQ
What is the break-even age?▶
It is the age where the cumulative benefits of claiming later finally overtake claiming early. It typically falls around age 78-80, after which delaying pays off.
Should I claim early if I need the money?▶
If you have no other income, claiming early may be necessary. Otherwise, delaying a few years is often the highest-value financial move available.