The Social Security Administration Retirement Estimator gives estimates based on your actual Social Security earnings record. Please keep in mind that these are just estimates. SSA can’t provide your actual benefit amount until you apply for benefits. And that amount may differ from the estimates provided because:
Your earnings may increase or decrease in the future.
After you start receiving benefits, they will be adjusted for cost-of-living increases. Your estimated benefits are based on current law. The law governing benefit amounts may change because, by 2033, the payroll taxes collected will be enough to pay only about 77 cents for each dollar of scheduled benefits. Your benefit amount may be affected by military service, railroad employment or pensions earned through work on which you did not pay Social Security tax.
Who Can Use the Retirement Estimator
You can use the Retirement Estimator if:
You have enough Social Security credits at this time to qualify for benefits and
You are not:
- Currently receiving benefits on your own Social Security record;
- Waiting for a decision about your application for benefits or Medicare;
- Age 62 or older and receiving benefits on another Social Security record; or
- Eligible for a Pension Based on Work Not Covered By Social Security.