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Social Security Calculator 2026

Estimate your monthly Social Security retirement benefit at age 62, 67 or 70. Updated for 2026 SSA rules — max benefit $5,181/month.

✓ Last verified July 2026 — SSA.gov 2026 COLA & benefit tables
⚡ Quick Answer

The average Social Security benefit in 2026 is $1,976/month. The maximum is $5,181/month (if claiming at age 70). Claiming at 62 permanently reduces your benefit by up to 30%. Waiting from 67 to 70 increases it by 24%. Your exact benefit depends on your 35 highest-earning years and when you claim.

Estimate Your Social Security Benefit
Your age today
$
Your gross annual earnings
SS uses your 35 highest-earning years
Determines your Full Retirement Age
Benefit at Age 62
Reduced by ~30%
Benefit at FRA (67)
Your full benefit
Benefit at Age 70
Maximum (+24% vs FRA)

Your Estimated Monthly Benefit:

💡 Break-Even Analysis

Social Security Key Numbers 2026

Average Benefit
$1,976/mo
2026 average retiree
Maximum at 70
$5,181/mo
Delayed to age 70
2026 COLA
+2.5%
From January 2026
Full Retirement Age
67
Born 1960 or later
Wage Cap 2026
$184,500
SS tax earnings limit
Early Claim Reduction
Up to 30%
If claimed at 62
Maximum Social Security Benefit by Claim Age 2026
Claim AgeMax Monthly Benefitvs Full Retirement AgeBreak-Even vs Age 62
62 (Earliest)$2,831/mo−29.5%N/A (baseline)
63$2,982/mo−25.8%~Age 75
64$3,175/mo−21.0%~Age 76
65$3,368/mo−16.3%~Age 77
66$3,795/mo−5.6%~Age 78
67 (FRA ⭐)$4,018/moBaseline~Age 79
68$4,339/mo+8%~Age 80
69$4,660/mo+16%~Age 81
70 (Maximum)$5,181/mo+24%~Age 82

Source: SSA.gov 2026. These are maximum benefits for someone with maximum taxable earnings for 35+ years. Average benefits are significantly lower.

Estimated Monthly Benefit by Annual Income (Claiming at FRA 67)
Average Annual EarningsEst. Monthly Benefit at 67Est. Monthly at 62Est. Monthly at 70
$30,000~$1,200/mo~$840/mo~$1,490/mo
$50,000~$1,680/mo~$1,176/mo~$2,083/mo
$75,000~$2,100/mo~$1,470/mo~$2,604/mo
$100,000~$2,520/mo~$1,764/mo~$3,125/mo
$150,000+~$3,200/mo~$2,240/mo~$3,968/mo
Maximum earner$4,018/mo$2,831/mo$5,181/mo

These are estimates based on consistent earnings over 35 years. Actual benefits depend on your complete earnings history. Source: SSA.gov benefit calculators.

💡 Social Security Claiming Tips

1. Delay If You Can — Each Year Adds 8%

Every year you delay claiming beyond your Full Retirement Age (67) adds 8% to your monthly benefit permanently. Delaying from 67 to 70 adds 24% to your benefit for life — one of the best guaranteed "investment returns" available.

2. Check Your Earnings Record for Errors

Create a free account at ssa.gov/myaccount to view your earnings record. Errors in your earnings history directly reduce your benefit — and must be corrected before you claim. Review your record annually.

3. Coordinate With Your Spouse

Married couples can maximise lifetime benefits by having the lower-earning spouse claim early and the higher earner delay to 70. The surviving spouse inherits the higher of the two benefits — so delaying the high earner's benefit protects the survivor.

4. Understand the Earnings Test

If you claim before FRA and continue working, the SSA withholds $1 for every $2 you earn above $22,320 (2026). Withheld amounts are credited back when you reach FRA — but timing matters for cashflow planning.

5. Factor In Taxes

Up to 85% of your Social Security benefit may be taxable depending on your combined income. Plan your retirement income mix (Roth IRA vs traditional IRA vs SS) to minimise the taxable portion of your benefit.

Frequently Asked Questions

How much Social Security will I get in 2026?
The average Social Security retirement benefit in 2026 is approximately $1,976 per month. The maximum for someone retiring at Full Retirement Age is $4,018/month, rising to $5,181/month if delayed to age 70. Your exact benefit depends on your 35 highest-earning years and when you claim. The 2026 COLA increase was 2.5%.
What is the best age to claim Social Security?
It depends on your health, other retirement income, and life expectancy. If you expect to live past age 82, delaying to 70 typically pays more over a lifetime. If you have health concerns or immediate financial needs, claiming at 62 or 67 may make more sense. There is no universally "best" age — it's a personal calculation.
What is the Full Retirement Age (FRA) for 2026?
For anyone born in 1960 or later, the Full Retirement Age is 67. For those born between 1943 and 1959, FRA ranges from 66 to 66 years and 10 months. Claiming before FRA permanently reduces your benefit; claiming after FRA permanently increases it by 8% per year up to age 70.
Is Social Security taxable in 2026?
Yes, potentially. If your combined income (AGI + non-taxable interest + half your SS benefit) exceeds $34,000 (single) or $44,000 (married filing jointly), up to 85% of your Social Security benefit is included in your taxable income. Below $25,000 (single) or $32,000 (married), no SS benefit is taxable.
How is Social Security calculated?
The SSA takes your 35 highest-earning years (adjusted for wage inflation) to calculate your Average Indexed Monthly Earnings (AIME). Your AIME is then applied to a bend-point formula to determine your Primary Insurance Amount (PIA) — your benefit at Full Retirement Age. Claiming early or late adjusts this PIA up or down.
What is the maximum Social Security benefit in 2026?
The maximum Social Security retirement benefit in 2026 is $2,831/month at age 62, $4,018/month at Full Retirement Age (67), and $5,181/month if delayed until age 70. To receive the maximum, you must have earned at or above the taxable wage base ($184,500 in 2026) for 35 years.
What was the 2026 Social Security COLA increase?
The Social Security Cost-of-Living Adjustment (COLA) for 2026 was 2.5%, applied from January 2026. The average retiree received approximately $49 more per month. COLA is based on the Consumer Price Index for Urban Wage Earners (CPI-W) and is announced each October for the following year.
Can I work and collect Social Security at the same time?
Yes, but if you are under your Full Retirement Age, the SSA temporarily withholds $1 for every $2 you earn above $22,320 (2026 earnings limit). In the year you reach FRA, the limit rises to $59,520 with $1 withheld per $3 above that. Once you reach FRA, you can earn unlimited income with no SS reduction.

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Disclaimer: This calculator provides estimates for educational purposes only. Actual Social Security benefits are determined by the SSA based on your complete earnings record. Always verify your benefit estimate at ssa.gov. Last verified July 2026.