Retirement Benefits and Social Security
Estimate Your Benefits
Use an Online Social Security Benefit Calculator
The Social Security Administration provides an online benefits calculator that allows you to estimate your retirement benefits. The tool considers your age, retirement date, and earnings to provide an estimate.
By entering your age at the end of the current year and your planned retirement age, you can compare benefit estimates based on different start dates.
Note that this option gives only one benefit estimate. If you do not provide a retirement date and have not reached your normal or full retirement age, the calculator will not provide multiple estimates for different ages.
Conclusion
Using the Social Security benefits calculator is a valuable tool for planning your retirement. It allows you to make informed decisions about the best time to start receiving benefits and estimate the amount you can expect to receive. Remember to explore other retirement planning options and seek professional advice to ensure a secure financial future.
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