| Social Security Payout When
Born 1943-1954 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Expected
monthly benefit at full retirement age of 66: |
|
|
|
|
|
|
|
$2,000 |
|
Cost of Living Adjustment |
|
8.00% |
|
|
| Begin
Receiving Benefits -> |
|
62 |
|
63 |
|
64 |
|
65 |
|
66 |
|
67 |
|
68 |
|
69 |
|
70 |
| Change
from full benefits |
|
-25.00% |
|
-20.00% |
|
-13.33% |
|
-6.67% |
|
0.00% |
|
8.00% |
|
16.00% |
|
24.00% |
|
32% |
| Percent
of Full benefits |
|
|
75.00% |
|
80.00% |
|
86.67% |
|
93.33% |
|
100.00% |
|
108.00% |
|
116.00% |
|
124.00% |
|
132.00% |
| Amount
of full benefit |
|
|
$24,000 |
|
$24,000 |
|
$24,000 |
|
$24,000 |
|
$24,000 |
|
$24,000 |
|
$24,000 |
|
$24,000 |
|
$24,000 |
| Will
have received at age: |
63 |
|
$18,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
64 |
$19,440 |
$37,440 |
|
$19,200 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
65 |
$20,995
|
$58,435 |
$20,736 |
$39,936 |
|
$20,800 |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
66 |
$22,675
|
$81,110 |
$22,395
|
$62,331
|
$22,464
|
$43,264
|
|
$22,400 |
|
|
|
|
|
|
|
|
|
|
| |
|
67 |
$24,489
|
$105,599 |
$24,186
|
$86,517
|
$24,261
|
$67,525
|
$24,192 |
$46,592
|
|
$24,000 |
|
|
|
|
|
|
|
|
| |
|
68 |
$26,448
|
$132,047 |
$26,121
|
$112,639
|
$26,202
|
$93,727
|
$26,128
|
$72,720
|
$25,920 |
$49,920 |
|
$25,920 |
|
|
|
|
|
|
| |
|
69 |
$28,564
|
$160,610 |
$28,211
|
$140,850
|
$28,298
|
$122,026
|
$28,218
|
$100,938
|
$27,994
|
$77,914
|
$27,994
|
$53,914
|
|
$27,840 |
|
|
|
|
| |
|
70 |
$30,849
|
$191,459 |
$30,468
|
$171,318
|
$30,562
|
$152,588
|
$30,475
|
$131,413
|
$30,233
|
$108,147
|
$30,233
|
$84,147
|
$30,067
|
$57,907
|
|
$29,760 |
|
|
| |
|
71 |
$33,317
|
$224,776 |
$32,905
|
$204,223
|
$33,007
|
$185,595
|
$32,913
|
$164,326
|
$32,652
|
$140,798
|
$32,652
|
$116,798
|
$32,473
|
$90,380
|
$32,141
|
$61,901
|
|
$31,680 |
| |
|
72 |
$35,982
|
$260,758 |
$35,538
|
$239,761
|
$35,648
|
$221,243
|
$35,546
|
$199,872
|
$35,264
|
$176,062
|
$35,264
|
$152,062
|
$35,070
|
$125,450
|
$34,712
|
$96,613
|
$34,214
|
$65,894
|
| |
|
73 |
$38,861
|
$299,619 |
$38,381
|
$278,142
|
$38,499
|
$259,742
|
$38,390
|
$238,262
|
$38,085
|
$214,147
|
$38,085
|
$190,147
|
$37,876
|
$163,326
|
$37,489
|
$134,102
|
$36,952
|
$102,846
|
| |
|
74 |
$41,970
|
$341,588 |
$41,451
|
$319,593
|
$41,579
|
$301,322
|
$41,461
|
$279,723
|
$41,132
|
$255,279
|
$41,132
|
$231,279
|
$40,906
|
$204,232
|
$40,488
|
$174,590
|
$39,908
|
$142,754
|
| |
|
75 |
$45,327
|
$386,915 |
$44,767
|
$364,361
|
$44,906
|
$346,227
|
$44,778
|
$324,501
|
$44,422
|
$299,701
|
$44,422
|
$275,701
|
$44,179
|
$248,411
|
$43,727
|
$218,317
|
$43,100
|
$185,854
|
| |
|
76 |
$48,953
|
$435,869 |
$48,349
|
$412,710
|
$48,498
|
$394,726
|
$48,360
|
$372,862
|
$47,976
|
$347,677
|
$47,976
|
$323,677
|
$47,713
|
$296,124
|
$47,225
|
$265,543
|
$46,548
|
$232,402
|
| |
|
77 |
$52,869
|
$488,738 |
$52,217
|
$464,926
|
$52,378
|
$447,104
|
$52,229
|
$425,091
|
$51,814
|
$399,492
|
$51,814
|
$375,492
|
$51,530
|
$347,654
|
$51,003
|
$316,546
|
$50,272
|
$282,674
|
| |
|
78 |
$57,099
|
$545,837 |
$56,394
|
$521,321
|
$56,568
|
$503,672
|
$56,407
|
$481,498
|
$55,959
|
$455,451
|
$55,959
|
$431,451
|
$55,652
|
$403,306
|
$55,084
|
$371,630
|
$54,294
|
$336,968
|
| |
|
79 |
$61,667
|
$607,504 |
$60,906
|
$582,226
|
$61,094
|
$564,766
|
$60,920
|
$542,418
|
$60,436
|
$515,887
|
$60,436
|
$491,887
|
$60,104
|
$463,410
|
$59,490
|
$431,120
|
$58,637
|
$395,606
|
| |
|
80 |
$66,600
|
$674,104 |
$65,778
|
$648,004
|
$65,981
|
$630,748
|
$65,794
|
$608,212
|
$65,271
|
$581,158
|
$65,271
|
$557,158
|
$64,913
|
$528,323
|
$64,250
|
$495,370
|
$63,328
|
$458,934
|
| |
|
81 |
$71,928
|
$746,033 |
$71,040
|
$719,045
|
$71,260
|
$702,007
|
$71,057
|
$679,269
|
$70,493
|
$651,651
|
$70,493
|
$627,651
|
$70,106
|
$598,429
|
$69,390
|
$564,759
|
$68,395
|
$527,329
|
| |
|
82 |
$77,683
|
$823,715 |
$76,724
|
$795,768
|
$76,961
|
$778,968
|
$76,742
|
$756,010
|
$76,132
|
$727,783
|
$76,132
|
$703,783
|
$75,714
|
$674,143
|
$74,941
|
$639,700
|
$73,866
|
$601,195
|
| |
|
83 |
$83,897
|
$907,613 |
$82,861
|
$878,630
|
$83,118
|
$862,086
|
$82,881
|
$838,891
|
$82,223
|
$810,005
|
$82,223
|
$786,005
|
$81,771
|
$755,915
|
$80,936
|
$720,636
|
$79,776
|
$680,971
|
| |
|
84 |
$90,609
|
$998,222 |
$89,490
|
$968,120
|
$89,767
|
$951,853
|
$89,511
|
$928,403
|
$88,800
|
$898,806
|
$88,800
|
$874,806
|
$88,313
|
$844,228
|
$87,411
|
$808,047
|
$86,158
|
$767,129
|
| |
|
85 |
$97,858
|
$1,096,079 |
$96,650
|
$1,064,770
|
$96,948
|
$1,048,801
|
$96,672
|
$1,025,075
|
$95,904
|
$994,710
|
$95,904
|
$970,710
|
$95,378
|
$939,606
|
$94,404
|
$902,451
|
$93,050
|
$860,179
|
| |
|
86 |
$105,686
|
$1,201,766 |
$104,382
|
$1,169,151
|
$104,704
|
$1,153,505
|
$104,406
|
$1,129,482
|
$103,577
|
$1,098,287
|
$103,577
|
$1,074,287
|
$103,009
|
$1,042,615
|
$101,956
|
$1,004,407
|
$100,494
|
$960,673
|
| |
|
87 |
$114,141
|
$1,315,907 |
$112,732
|
$1,281,883
|
$113,080
|
$1,266,585
|
$112,759
|
$1,242,240
|
$111,863
|
$1,210,150
|
$111,863
|
$1,186,150
|
$111,249
|
$1,153,864
|
$110,113
|
$1,114,519
|
$108,534
|
$1,069,207
|
| |
|
88 |
$123,273
|
$1,439,179 |
$121,751
|
$1,403,634
|
$122,127
|
$1,388,712
|
$121,779
|
$1,364,020
|
$120,812
|
$1,330,962
|
$120,812
|
$1,306,962
|
$120,149
|
$1,274,013
|
$118,922
|
$1,233,441
|
$117,217
|
$1,186,424
|
| |
|
89 |
$133,134
|
$1,572,314 |
$131,491
|
$1,535,125
|
$131,897
|
$1,520,609
|
$131,522
|
$1,495,541
|
$130,477
|
$1,461,439
|
$130,477
|
$1,437,439
|
$129,761
|
$1,403,774
|
$128,435
|
$1,361,876
|
$126,594
|
$1,313,018
|
| |
|
90 |
$143,785
|
$1,716,099 |
$142,010
|
$1,677,135
|
$142,449
|
$1,663,058
|
$142,043
|
$1,637,585
|
$140,915
|
$1,602,354
|
$140,915
|
$1,578,354
|
$140,142
|
$1,543,916
|
$138,710
|
$1,500,586
|
$136,721
|
$1,449,739
|
| |
|
91 |
$155,288
|
$1,871,387 |
$153,371
|
$1,830,506
|
$153,845
|
$1,816,903
|
$153,407
|
$1,790,992
|
$152,188
|
$1,754,543
|
$152,188
|
$1,730,543
|
$151,353
|
$1,695,269
|
$149,807
|
$1,650,393
|
$147,659
|
$1,597,398
|
| |
|
92 |
$167,711
|
$2,039,098 |
$165,640
|
$1,996,146
|
$166,152
|
$1,983,055
|
$165,679
|
$1,956,671
|
$164,363
|
$1,918,906
|
$164,363
|
$1,894,906
|
$163,462
|
$1,858,731
|
$161,791
|
$1,812,184
|
$159,472
|
$1,756,870
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Bold
figure is highest payout at that age |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|