WebEnter your information below to calculate your estimated benefits. Date of birth. Highest annual work income. Get your estimates. The calculator bases your benefit estimate on current formulas from the Social Security Administration. Your answers are anonymous. Because we do not access or use your Social Security earnings record, these are ... WebJun 21, 2024 · If you start taking Social Security at age 62, rather than waiting until your full retirement age (FRA), you can expect a 30% reduction in monthly benefits with lesser reductions as you approach FRA. Remember, FRA is no longer age 65: It's 67. (See your full retirement age .)
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