Social Security Claiming Calculator
Compare Social Security benefits at every claiming age from 62 to 70. Analyze break-even points, understand how benefits are taxed, and model spousal strategies.
Find this on your SSA.gov my Social Security statement
Your Full Retirement Age: 67 (born ~1971)
Monthly Benefit at Age 67
$2,400
$28,800/year
Increase vs FRA
+0.0%
Change vs FRA
+$0/mo
Cumulative by 85
$689,645
with 2.5% COLA
Monthly Benefit by Claiming Age
Selected claiming age (67) is highlighted
Your Information
Find on your Social Security statement at ssa.gov
Full Retirement Age (FRA)
67
Spouse
Taxation of Benefits
Pensions, withdrawals, part-time work, etc.
Assumptions
Estimated Lifetime Gain vs. Claiming at 62
$46,763
Claiming at age 69 yields an estimated $2,900/month through age 85
Highest-lifetime claiming age
Age 69
Claim at 62 (Early)
$1,750/mo
Claim at FRA (67)
$2,500/mo
Claim at 70 (Delayed)
$3,100/mo
Claiming Analysis
Claiming at 70 breaks even vs. 62 at approximately age 80.
Taxation of Benefits
Combined Income (Provisional Income)
$47,400
AGI + Tax-exempt interest + 50% of SS benefits
Taxable Portion of Benefits
26%
$8,890 taxable
Estimated Tax on Benefits
$1,956/year
At 22% marginal rate
Net Benefits After Tax
$32,844/year
$2,737/month
Married Filing Jointly Thresholds:
Below $32,000: 0% of benefits taxable
$32,000 – $44,000: Up to 50% taxable
Above $44,000: Up to 85% taxable
All Claiming Scenarios
| Age | Monthly | Annual | Adjustment | Lifetime | Break-Even vs 62 |
|---|---|---|---|---|---|
| 62 | $1,750 | $21,000 | 70% | $679,330 | — |
| 63 | $1,875 | $22,500 | 75% | $688,150 | Age 76 |
| 64 | $2,000 | $24,000 | 80% | $692,709 | Age 77 |
| 65 | $2,167 | $26,000 | 87% | $706,765 | Age 77 |
| 66 | $2,333 | $28,000 | 93% | $715,250 | Age 77 |
| 67 | $2,500 | $30,000 | 100% | $718,380 | Age 78 |
| 68 | $2,700 | $32,400 | 108% | $725,318 | Age 79 |
| 69 | $2,900 | $34,800 | 116% | $726,093 | Age 79 |
| 70 | $3,100 | $37,200 | 124% | $720,944 | Age 80 |
Benefits assume nominal dollars with COLA applied. Actual amounts depend on SSA rules at time of claiming.
About This Analysis
This calculator provides estimates based on the inputs you supply. It assumes standard amortization and does not account for taxes, insurance, PMI, prepayment penalties, or the opportunity cost of funds. Results are for informational and educational purposes only and should not be considered financial advice. Consult a qualified professional before making financial decisions.
- ·Benefit amounts are estimates based on PIA and standard SSA adjustment factors.
- ·Actual benefits depend on earnings history, COLA adjustments, and SSA rules in effect at claiming.
- ·Tax calculations use current provisional-income thresholds, which may change.
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Quick Reference
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- Medicare Premiums & IRMAAPart B/D base premiums, income surcharge brackets
- Key Retirement Ages59½, 62, 65, 67, 70, 73 — what each unlocks
- Contribution Limits401(k), IRA, HSA, catch-up limits for 2025
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- RMD TablesUniform Lifetime Table, Joint Life Table
Insights
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