Calculating Your Social Security Retirement Benefits
Use our free Social Security Calculator to estimate your monthly retirement benefits based on your actual earnings history and the age you choose to start collecting Social Security.
Enter your earnings history, specify when you plan to stop working, and include any additional income you expect to earn after leaving your primary job. The calculator uses your highest 35 years of earnings, Social Security's wage-indexing rules, and your claiming age to estimate your monthly benefit.
You can compare estimated monthly benefits for every claiming age from 62 through 70, including your full retirement age. See how working longer, earning additional income in retirement, or delaying Social Security changes your monthly payment.
Want to see how Social Security fits into your complete retirement plan? Our free calculator provides a useful estimate, but Social Security is only one part of retirement planning. WealthTrace incorporates Social Security benefits alongside your investments, retirement income, expenses, federal and state taxes, and Roth conversions to help you evaluate your overall retirement strategy.
Find out how different Social Security claiming strategies affect your retirement income and long-term financial outlook. Start your free WealthTrace trial.
Can you retire early? The WealthTrace Financial & Retirement Planner will help you find out. Start your free trial now.
Social Security benefit calculator
Estimate your monthly Social Security retirement benefit using your actual earnings history. See how stopping work, earning part-time income and choosing a claiming age change your result.
Your information
We use your birth date to determine full retirement age and the applicable benefit formula.
Paste your earnings history
Copy the year and Social Security-taxed earnings columns from your Social Security statement, or paste a two-column list.
When will your earnings change?
Model your last year in your current job and optional earnings afterward.
Choose when to claim Social Security
Select any whole age from 62 to 70, or your exact full retirement age.
Build a personalized retirement plan
WealthTrace helps you see how Social Security claiming decisions affect your retirement income, taxes, and long-term financial outlook.
