Social Security benefits calculator (US)
US only. Enter your average yearly earnings in today’s dollars and the age at which you want to claim.
Result
2,345.00Estimated monthly benefit
- Per year
- 28,140.00
- Reduction or credit for claiming age
- 0%
- Average indexed monthly earnings (AIME)
- 5,000.00
- Benefit at full retirement age (PIA)
- 2,345.80
- Full retirement age for your birth year: 67 years and 0 months.
- Scenario: claim at 62
- 1,642.00
- Scenario: claim at full retirement age
- 2,345.00
- Scenario: claim at 70
- 2,908.00
Inputs
- Birth year
- 1964
- Claiming age (62 to 70)
- 67
- Average yearly earnings (today’s USD)
- 60000
- Years worked
- 35
- Extra months on top of claiming age
- 0
How it is calculated
AIME = capped average earnings × min(years, 35) ÷ 35 ÷ 12, rounded down.
Result
Estimated monthly benefit
- Per year
- 28,140.00
- Reduction or credit for claiming age
- 0%
- Average indexed monthly earnings (AIME)
- 5,000.00
How it is calculated
- AIME = capped average earnings × min(years, 35) ÷ 35 ÷ 12, rounded down.
- PIA = 90% up to 1,286 + 32% from 1,286 to 7,749 + 15% above (SSA 2026 bend points), rounded down to the dime.
- Claiming early: −5/9% a month for 36 months, then −5/12% a month. Claiming late: +2/3% a month until 70.
Example
Born in 1964, 60,000 a year for 35 years, claiming at 67: AIME 5,000, PIA 2,345.80, so 2,345 a month. At 62: 1,642; at 70: 2,908.
Good to know
- Simplified estimate: real earnings are indexed year by year and the bend points are those of the year you turn 62. Here everything is in 2026 dollars.
- No cost-of-living increases, spousal, survivor or disability benefits, and no tax.
- Your official statement on ssa.gov is what counts.
Sources
- SSA, Benefit formula bend points 2026 ($1,286 and $7,749)
- SSA, Contribution and benefit base 2026 ($184,500)
- SSA, Benefit reduction for early retirement and Delayed retirement credits
Frequently asked questions
What is this tool used for?
US only. Enter your average yearly earnings in today’s dollars and the age at which you want to claim.
How is the result calculated?
AIME = capped average earnings × min(years, 35) ÷ 35 ÷ 12, rounded down.
What should I check before using the result?
Simplified estimate: real earnings are indexed year by year and the bend points are those of the year you turn 62. Here everything is in 2026 dollars.