Social Security Calculator

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.

Social security calculator.

The job that paid you say a 300 monthly income 40 years ago would yield quite a bit more today. Instead it will estimate your earnings based on information you provide. Remember this is only an estimate. 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.

Actual benefits may vary depending on actual work history and. My social security retirement calculator. The social security benefits calculation uses your highest 35 years of earnings to calculate your average monthly earnings. Compare retirement benefit estimates based on your selected date or age to begin receiving benefits with retirement estimates for ages 62 full retirement age fra and 70.

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. Also experiment with other retirement calculators or explore hundreds of individual calculators addressing other topics such as math fitness health and many more. The calculator provides an estimate of your social security benefits based on your earnings history and age. If you do not have 35 years of earnings a zero will be used in the calculation which will lower the average.

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. Use this social security benefit calculator to estimate your amount of social security benefits. For security the quick calculator does not access your earnings record. Aarp social security calculator.

Marital status as defined by the social security administration. Calculate my social security income. So benefit estimates made by the quick calculator are rough. You can also input expected future income for inclusion in the estimate.

Benefit estimates depend on your date of birth and on your earnings history. 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.