Social Security Claiming Comparator

The age you claim changes your monthly check for the rest of your life. Compare 62, 67, and 70 side by side.

Compare Your Three Claiming Ages

Enter your estimated monthly benefit at full retirement age (FRA) — you can find it on your statement at ssa.gov/myaccount. For anyone born in 1960 or later, FRA is 67, and the percentages below are set by statute: claiming at 62 pays about 70% of your FRA benefit, and waiting to 70 earns delayed retirement credits of 8% per year, reaching about 124%.

Claim at 62 (≈70%)
Claim at 67 — FRA (100%)
Claim at 70 (≈124%)

About break-even: claiming early means more checks, delaying means bigger checks. For most people the cumulative totals cross somewhere around age ~80–82 — live longer than that and delaying usually comes out ahead; a shorter horizon favors claiming earlier. Health, family longevity, spousal benefits, other income, and taxes all matter more than any single break-even number.

Where these percentages come from: the ~70% early-claiming factor and the 8%-per-year delayed retirement credits are statutory formulas in the Social Security Act for workers with an FRA of 67 (born 1960 or later) — they are not projections or estimates by this site. Your exact percentage varies slightly by birth month, and claiming while working before FRA can temporarily reduce benefits under the earnings test.

Educational tool, not advice. This comparator is for educational awareness only and is not financial, tax, or legal advice, and is not affiliated with the Social Security Administration. Figures are based on statutory percentages for an FRA of 67; verify your own numbers at ssa.gov before making a claiming decision.

Related reading: Retirement Planning · Provisional Income · Sequence of Returns Risk

Claiming Is One Piece of a Bigger Income Plan

The best claiming age depends on your other income sources, taxes, and spousal benefits. A free conversation can put the pieces side by side.

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