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Social Security Planning
Estimate claiming age, monthly benefits, lifetime value, earnings-test risk, and taxable benefit impact.
Estimated Monthly Benefit
$2,574
At Full Retirement Age, based on your estimated FRA benefit.
Estimated Lifetime Benefits
$839,791
Through age 88, including 2.5% annual COLA assumption.
Claiming Age Snapshot
Benefits can start as early as age 62, full benefits begin at Full Retirement Age, and delayed credits increase benefits up to age 70.
Claiming Factor
100.0%
Age 62 Benefit
$1,802
Estimated reduced monthly benefit.
FRA Benefit
$2,574
Estimated full retirement age benefit.
Age 70 Benefit
$3,192
Estimated delayed retirement credit benefit.
Break-even Age
80.4
Approximate age where 70 catches 62.
Social Security Inputs
Enter claiming age, earnings, and benefit assumptions.
Tax & Lifetime Value
Estimate taxable Social Security benefits and after-tax monthly income.
After-Tax Monthly
$2,236
Annual Benefit
$30,894
Estimated gross annual Social Security.
Taxable Benefit
$18,480
Estimated taxable portion.
Estimated Tax
$4,066
Based on your tax-rate input.
After-Tax Annual
$26,828
Gross benefit minus estimated tax.
Earnings Test Risk
Claiming before full retirement age while working may temporarily withhold benefits above annual earnings limits.
2026 Wage Base
$184,500
Maximum earnings subject to Social Security tax.
Earnings Limit
$65,160
Estimated threshold used for your claim timing.
Earnings Over Limit
None
Based on work income before FRA.
Withheld Benefits
None
Estimated temporary withholding.
Recommendation Summary
A simple Social Security claiming view based on your inputs.
Suggested strategy
Consider delaying
With a longer life expectancy, delaying benefits can increase guaranteed monthly income and may improve lifetime value.
Claiming at 62
Provides income earliest, but the monthly payment is permanently reduced compared with full retirement age.
Claiming at FRA
Provides the full unreduced benefit and avoids the retirement earnings test after full retirement age.
Claiming at 70
Maximizes the monthly benefit because delayed retirement credits stop increasing after age 70.
Working while claiming
Before full retirement age, benefits can be temporarily withheld if earnings exceed the annual limit.
2026 Rules Snapshot
Key values used in this calculator.
Taxable Wage Base
$184,500
2026 Social Security taxable maximum.
Max FRA Benefit
$4,152/mo
Maximum monthly benefit at FRA in 2026.
Under-FRA Limit
$24,480
Annual earnings-test exempt amount.
FRA-Year Limit
$65,160
Higher limit in the year FRA is reached.
Educational content only — not financial advice.