Get Estimate of Your Social Security Benefits Online
There is a new calculator at the Social Security Administration Web site, called the Retirement Estimator that makes it easy to determine how your social security benefits are affected by your retirement age.
The calculator estimates are based on your actual Social Security earnings record. Remember, however, that it’s just an estimate and many things can change over the next several years before you retire such as inflation.
Additionally, the estimate will vary slightly from the actual benefit you may receive in the future because your social security earnings record is constantly being updated and the calculators use different parameters and assumptions (i.e., different stop work ages, future earnings projections, etc.).
To use the Retirement Estimator, you will have to identify yourself online by completing an application and the calculator will search the Social Security database for your earnings history to forecast your future benefits.
Visit SocialSecurity.gov/Estimator to get your estimate.
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