Estimate Social Security Benefit

Deciding what age to begin Social Security benefits involves many factors unique to your retirement planning situation. You can begin receiving benefits at any time between ages 62 and 70, or at the full retirement age, which depends on when you were born. Keep in mind that:

  • If you start receiving Social Security payments early, your benefits are reduced a fraction of a percent for each month before your full retirement age.
  • If you wait until age 70, your monthly benefit amount increases from the amount you would have received if you'd begun taking benefits earlier at your full retirement age.

This chart shows full retirement age according to birth year.

Find Your Full Retirement Age
Year of Birth Full Retirement Age
1937 or earlier 65
1938 65 and 2 months
1939 65 and 4 months
1940 65 and 6 months
1941 65 and 8 months
1942 65 and 10 months
1943-1954 66
1955 66 and 2 months
1956 66 and 4 months
1957 66 and 6 months
1958 66 and 8 months
1959 66 and 10 months
1960 and later 67

Source: Ages are subject to change. If you were born on Jan. 1, refer to the previous year.

Next steps

Talk to your financial advisor to determine the retirement age that works best for you.

Use the Social Security Benefits Calculator to estimate your benefits for retirement planning.

Log on to the Social Security Administration's website at for information about benefits.