Social Security Estimator
Social Security Estimator
A rough estimate of your future benefit
Estimated monthly benefit
0
Primary Insurance Amount
0
benefit at full retirement age (67)
Estimated annual benefit
0
Monthly benefit in 10 years
0
if benefits keep pace with this inflation rate
Your benefit vs full-retirement-age PIA
Uses simplified, illustrative bend points based on the Social Security Administrations own published benefit formula, which is adjusted for wage inflation most years -- your real benefit depends on your actual 35 highest-earning years, indexed for inflation, which this single average-earnings input cannot fully capture. For your real estimate, check your account at ssa.gov, which uses your actual earnings record.
Frequently asked questions
How much do I actually need to retire comfortably?
It depends on your expected retirement expenses, Social Security benefit, and life expectancy -- there's no single universal number, though rules of thumb like "25x annual expenses" are a common starting point. This calculator lets you build a more specific estimate from your own numbers.Read more: Social Security Estimator: Why Claiming Age Changes Everything
What's the difference between a 401(k) and an IRA?
A 401(k) is employer-sponsored, often with an employer match, and has a higher annual contribution limit. An IRA is opened independently at a brokerage, with a lower contribution limit but typically far more investment choice. Many people contribute to both -- a 401(k) up to the employer match, then an IRA.Read more: ‘Social Security Is Going Broke’ Is a Sales Pitch
When should I claim Social Security -- 62, 67, or 70?
Claiming at 62 gives a permanently reduced benefit; waiting until your full retirement age (typically 66-67) gives the full benefit; waiting until 70 gives the maximum benefit, growing roughly 8% per year you delay past full retirement age. The right age depends on your health, other income, and whether you need the money sooner.Read more: The Benefit You Already Paid For — Don’t Leave It on the Table
How does inflation affect my retirement savings?
Inflation erodes purchasing power both before and during retirement, so a nominal dollar figure that looks sufficient today can fall short decades from now. This calculator shows results in both nominal and inflation-adjusted terms so you're not planning around a number that quietly loses value.Read more: Roth vs Traditional Calculator: Pay Tax Now or Pay Tax Later?
Estimates only, not financial advice. See our Disclaimer.
