Social Security Optimizer
After decades of paying into the system, you've earned every dollar. This calculator helps you claim at the right time - especially if your body can't wait until 70.
What year were you born?
Your birth year determines your Full Retirement Age (FRA)
Your Full Retirement Age: 67 years
Understanding Social Security
Early Claiming (62-FRA)
Benefits are permanently reduced by:
• ~6.7% per year for first 3 years early
• ~5% per year for additional years
• At 62: Up to 30% reduction from FRA
Delayed Claiming (FRA-70)
Benefits increase by 8% per year:
• Delayed Retirement Credits
• Maximum increase at 70: ~24-32%
• No benefit to waiting past 70
Full Retirement Age (FRA)
Your FRA depends on birth year:
• 1943-1954: Age 66
• 1955-1959: 66 + 2 months/year
• 1960+: Age 67
When to Claim Early
Consider claiming early if:
• Poor health/shorter life expectancy
• Need income and have no alternatives
• Want to invest benefits elsewhere
• Spouse has higher benefits