← Back
Social Security calculator
Social Security claiming age break-even calculator
See the age at which claiming later (70) overtakes claiming early (62) in total lifetime benefits.
Break-even age (claiming 62 vs. 70)
—
Uses standard published SSA reduction/credit factors for a full retirement age of 67: claiming at 62 reduces the benefit to 70% of the full-retirement-age amount; delaying to 70 increases it to 124% (8% per year of delay). Ignores cost-of-living adjustments, taxes, spousal benefits, and the time value of money — all of which a full analysis should include.
Tell us what you’re trying to figure out.
Tell us a little about your situation. We’ll review your request and email next steps. We aren’t arranging advisor matches or introductions at this time.