What ages does this compare?

It compares estimated monthly benefits at age 62, at your Full Retirement Age (FRA), and at age 70 using published early-reduction and delayed-retirement-credit rules.

Primary Insurance Amount (PIA) is your basic benefit at Full Retirement Age before early reductions or delayed retirement credits. Enter your estimated PIA from an SSA statement or benefit estimator.

Does claiming early permanently reduce my benefit?

Yes. Claiming before FRA applies a permanent reduction for retirement benefits. Delaying past FRA can permanently increase your benefit through delayed retirement credits up to age 70.

Where can I see the break-even age?

Use the Break-Even Calculator to estimate when delayed claiming catches up in cumulative lifetime benefits versus claiming earlier.

Independent estimate · Not SSA

Early vs late

Early or Late Retirement Calculator

Compare estimated monthly benefits if you claim at 62, at your Full Retirement Age (FRA), or at 70 using published early-reduction and delayed-retirement-credit rules.

Official Data Verification: Published SSA rule planning model

Audited against Federal Reserve Holiday Calendar

Primary Authority: Social Security Administration (SSA)

Regulatory Basis: POMS GN 02401.000 & 20 CFR § 404.1807

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Your assumptions

Estimated PIA at FRA ($ / mo)

Birth year

Your FRA: 67 years

Claim at 62

$1,400

$16,800 / yr