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Estimate your monthly retirement benefit at any claiming age
Social Security retirement benefits are monthly payments from the U.S. Social Security Administration based on your lifetime earnings history. The amount depends on your Average Indexed Monthly Earnings (AIME) and the age at which you begin claiming.
Your Full Retirement Age: 67
Find your AIME on your Social Security Statement at SSA.gov, or estimate as ~1/12 of your average annual earnings.
Estimated Monthly Benefit at Age 67
$2,280.92/mo
PIA at FRA (67)
$2,280.92/mo
Annual Benefit
$27,371.04
| Claiming Age | Benefit % of PIA |
|---|---|
| 62 | 70% |
| 63 | 75% |
| 64 | 80% |
| 65 | 86.7% |
| 66 | 93.3% |
| 67 | 100% (FRA for born 1960+) |
| 68 | 108% |
| 69 | 116% |
| 70 | 124% |
Based on 2024 SSA rules for those born in 1960 or later (FRA = 67).
Formula
PIA = 0.90 × (AIME up to $1,174) + 0.32 × (AIME $1,174–$7,078) + 0.15 × (AIME above $7,078)AIME = Average Indexed Monthly Earnings — based on your 35 highest-earning years
Bend Points = 2024 values: $1,174 and $7,078 (adjusted annually)
PIA = Primary Insurance Amount — your benefit at Full Retirement Age
Worked Example
AIME = $5,000
Did you know? Delaying Social Security from age 62 to age 70 can increase your monthly benefit by up to 76%. For someone with a PIA of $2,000/month, that means $1,400/month at age 62 vs. $2,480/month at age 70 — a difference of nearly $13,000 per year (source: U.S. Social Security Administration).
Sources
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