Retirement Calculators
Social Security Benefit Calculator
Estimate a state retirement benefit from average career earnings and see how claiming early or late changes the amount.
Estimated monthly benefit
$2,349.33
- Estimated annual benefit
- $28,192
- Benefit at full retirement age
- $2,349.33
- Adjustment for claiming age
- 0%
Age 62Full ageAge 70
How this calculator works
Benefit ≈ tiered percentage of average indexed monthly earnings, then adjusted for claiming age
- AIME
- average indexed monthly earnings across your career
- adjustment
- roughly −6% per year early and +8% per year deferred
A simplified three-band replacement formula is used; official figures depend on your full earnings record.
Important considerations
- This is an illustration, not an official statement of entitlement.
- Working longer can replace low-earning years and raise the benefit.
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- Roth IRA CalculatorRoth IRA balance from after-tax contributions.
Learn more
Terms used here
Frequently asked questions
Should I claim early?
Early claiming permanently reduces the payment but starts it sooner. Health, other income and life expectancy all matter.
Disclaimer
Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.
Last reviewed 2026-08-01