Estimate Your Social Security Payments

Retirement Age
Current Age
Assumed Inflation Rate
Gross Income
Your first social security payment in today's dollars is estimated to be $21,870. In future dollars (when you retire) your annual payment is estimated to be $40,545.
*The outputs presented are estimates only. For a detailed, more accurate look at how changes in spending can affect your retirement situation, sign up for a free trial of the WealthTrace Retirement Planner. Sign up for a free trial.

Definitions:

Retirement Age:

Age when you will receive your first social security payment.

Assumed Inflation Rate:

The average rate of inflation between now and retirement. More specifically, this is the annual percent change in the government's Cost Of Living Index (COLA).

Current Age:

Your current age.

Gross Income:

Your current gross income (income before taxes are taken out).

*All dollar figures are in today's dollars and are not adjusted for inflation going forward.