| Social Security Payout When
Born 1943-1954 |
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| Expected
monthly benefit at full retirement age of 66: |
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$2,000 |
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Cost of Living Adjustment |
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2.00% |
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| Begin
Receiving Benefits -> |
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62 |
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63 |
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64 |
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65 |
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66 |
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67 |
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68 |
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69 |
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70 |
| Change
from full benefits |
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-25.00% |
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-20.00% |
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-13.33% |
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-6.67% |
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0.00% |
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8.00% |
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16.00% |
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24.00% |
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32% |
| Percent
of Full benefits |
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75.00% |
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80.00% |
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86.67% |
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93.33% |
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100.00% |
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108.00% |
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116.00% |
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124.00% |
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132.00% |
| Amount
of full benefit |
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$24,000 |
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$24,000 |
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$24,000 |
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$24,000 |
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$24,000 |
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$24,000 |
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$24,000 |
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$24,000 |
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$24,000 |
| Will
have received at age: |
63 |
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$18,000 |
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64 |
$18,360 |
$36,360 |
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$19,200 |
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65 |
$18,727 |
$55,087 |
$19,584 |
$38,784 |
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$20,800 |
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66 |
$19,102
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$74,189 |
$19,976 |
$58,760 |
$21,216
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$42,016
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$22,400 |
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67 |
$19,484
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$93,673 |
$20,375
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$79,135
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$21,640
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$63,657
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$22,848
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$45,248
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$24,000 |
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68 |
$19,873
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$113,546 |
$20,783
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$99,918
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$22,073
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$85,730
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$23,305
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$68,553 |
$24,480 |
$48,480 |
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$25,920 |
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69 |
$20,271
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$133,817 |
$21,198
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$121,116
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$22,515
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$108,244
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$23,771
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$92,325
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$24,970
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$73,450
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$26,438
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$52,358
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$27,840 |
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70 |
$20,676
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$154,493 |
$21,622
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$142,738
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$22,965
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$131,209
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$24,247
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$116,571
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$25,469
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$98,919
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$26,967
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$79,326
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$28,397
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$56,237
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$29,760 |
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71 |
$21,090
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$175,583 |
$22,055
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$164,793
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$23,424
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$154,634
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$24,732
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$141,303
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$25,978
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$124,897
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$27,507
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$106,832 |
$28,965
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$85,202
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$30,355
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$60,115
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$31,680 |
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72 |
$21,512
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$197,095 |
$22,496
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$187,289
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$23,893
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$178,526
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$25,226
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$166,529
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$26,498
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$151,395
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$28,057
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$134,889 |
$29,544
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$114,746
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$30,962 |
$91,078
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$32,314
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$63,994
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73 |
$21,942
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$219,037 |
$22,946
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$210,235
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$24,371
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$202,897
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$25,731
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$192,260
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$27,028
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$178,423
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$28,618
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$163,506
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$30,135
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$144,880
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$31,582
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$122,659 |
$32,960
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$96,953
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74 |
$22,381
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$241,418 |
$23,405
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$233,639
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$24,858
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$227,755
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$26,245
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$218,505
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$27,568
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$205,991
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$29,190
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$192,697
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$30,738
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$175,618
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$32,213
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$154,872
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$33,619
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$130,573
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75 |
$22,828
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$264,246 |
$23,873
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$257,512
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$25,355
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$253,110
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$26,770
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$245,276
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$28,120
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$234,111
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$29,774
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$222,471
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$31,352
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$206,970
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$32,857
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$187,730
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$34,291
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$164,864
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76 |
$23,285
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$287,531 |
$24,350
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$281,862
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$25,862
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$278,973
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$27,306
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$272,581
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$28,682
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$262,793
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$30,369
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$252,840
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$31,979
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$238,950
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$33,515
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$221,244
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$34,977
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$199,841
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77 |
$23,751
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$311,282 |
$24,837
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$306,700
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$26,380
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$305,352
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$27,852
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$300,433
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$29,256
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$292,049
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$30,977
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$283,817
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$32,619
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$271,569
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$34,185
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$255,429
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$35,677
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$235,518
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78 |
$24,226
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$335,507 |
$25,334
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$332,034
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$26,907
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$332,259
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$28,409
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$328,842
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$29,841
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$321,890
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$31,596
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$315,413
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$33,271
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$304,840
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$34,869
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$290,298
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$36,390
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$271,908
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79 |
$24,710
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$360,217 |
$25,841
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$357,874
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$27,445
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$359,704
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$28,977
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$357,819
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$30,438
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$352,328
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$32,228
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$347,641
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$33,937
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$338,777
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$35,566
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$325,864
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$37,118
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$309,027
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80 |
$25,204
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$385,422
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$26,357
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$384,232
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$27,994
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$387,699 |
$29,557
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$387,375
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$31,047
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$383,375
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$32,873
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$380,514
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$34,616
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$373,393
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$36,277
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$362,141
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$37,861
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$346,887
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81 |
$25,708
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$411,130
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$26,885
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$411,116
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$28,554
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$416,253
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$30,148
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$417,523 |
$31,667
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$415,042
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$33,530
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$414,044
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$35,308
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$408,700
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$37,003
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$399,144
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$38,618
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$385,505
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82 |
$26,223
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$437,353
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$27,422
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$438,539
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$29,125
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$445,378
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$30,751
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$448,274 |
$32,301
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$447,343
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$34,201
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$448,245
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$36,014
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$444,714
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$37,743
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$436,887
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$39,390
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$424,895
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83 |
$26,747
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$464,100
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$27,971
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$466,510
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$29,708
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$475,085
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$31,366
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$479,639
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$32,947
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$480,290
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$34,885
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$483,130 |
$36,734
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$481,449
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$38,498
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$475,384
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$40,178
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$465,073
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84 |
$27,282
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$491,382
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$28,530
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$495,040
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$30,302
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$505,387
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$31,993
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$511,632
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$33,606
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$513,895
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$35,583
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$518,713
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$37,469
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$518,918 |
$39,268
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$514,652
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$40,981
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$506,054
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85 |
$27,828
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$519,209
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$29,101
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$524,140
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$30,908
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$536,295
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$32,633
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$544,265
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$34,278
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$548,173
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$36,294
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$555,007
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$38,218
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$557,136 |
$40,053
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$554,705
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$41,801
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$547,855
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86 |
$28,384
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$547,594
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$29,683
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$553,823
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$31,526
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$567,821
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$33,285
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$577,550
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$34,963
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$583,137
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$37,020
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$592,027
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$38,983
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$596,119 |
$40,854
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$595,559
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$42,637
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$590,493
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87 |
$28,952
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$576,545
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$30,276
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$584,100
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$32,157
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$599,978
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$33,951
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$611,502
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$35,663
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$618,800
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$37,761
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$629,788
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$39,762
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$635,881
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$41,671
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$637,230 |
$43,490
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$633,982
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88 |
$29,531
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$606,076
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$30,882
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$614,982
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$32,800
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$632,777
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$34,630
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$646,132
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$36,376
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$655,176
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$38,516
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$668,304
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$40,558
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$676,439
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$42,505
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$679,735 |
$44,360
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$678,342
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89 |
$30,122
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$636,198
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$31,500
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$646,481
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$33,456
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$666,233
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$35,323
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$681,455
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$37,104
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$692,279
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$39,286
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$707,590
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$41,369
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$717,808
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$43,355
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$723,090
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$45,247
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$723,589 |
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90 |
$30,724
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$666,922
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$32,130
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$678,611
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$34,125
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$700,358
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$36,029
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$717,484
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$37,846
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$730,125
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$40,072
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$747,661
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$42,196
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$760,004
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$44,222
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$767,312
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$46,152
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$769,741 |
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91 |
$31,338
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$698,260
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$32,772
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$711,383
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$34,807
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$735,165
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$36,750
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$754,234
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$38,602
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$768,727
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$40,873
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$788,535
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$43,040
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$803,044
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$45,106
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$812,418
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$47,075
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$816,815 |
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92 |
$31,965
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$730,225
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$33,428
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$744,811
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$35,503
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$770,668
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$37,485
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$791,719
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$39,375
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$808,102
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$41,691
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$830,225
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$43,901
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$846,945
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$46,008
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$858,426
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$48,016
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$864,832 |
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| Bold
figure is highest payout at that age |
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