Tools · Social Security

Social Security break-even:
62, 67, or 70?

Claim at 62 and get less for longer, or wait until 70 and get more for fewer years. Where's the crossover? Enter your estimated benefit and find out.

This page covers US-specific accounts and tax law. Outside the US? The priority order is the same, the account names differ (ISAIndividual Savings Account (ISA)A UK tax-advantaged account where contributions are post-tax but all growth and withdrawals are tax-free.Full definition in the UK, TFSATax-Free Savings Account (TFSA)A Canadian tax-advantaged account where contributions are post-tax but all growth and withdrawals are tax-free.Full definition/RRSPRegistered Retirement Savings Plan (RRSP)A Canadian tax-deferred retirement account; contributions reduce taxable income and growth is tax-deferred until withdrawal.Full definition in Canada, Super in Australia, etc.).

Find at ssa.gov/myaccount.

If you claim early and invest the benefit, what real return do you assume?

CLAIM AT 62
$0
/month
$0/year
CLAIM AT FRA (67)
$0
/month
$0/year
CLAIM AT 70
$0
/month
$0/year
BREAK-EVEN AGES

These calculations use current SSASocial Security Administration (SSA)The federal agency that manages Social Security retirement, disability, and survivor benefit programs. rules. Rules can change via legislation. Verify reduction and credit percentages at ssa.gov before making a claiming decision.

What this tool assumes
  • Benefit amounts indexed using 2026 wage base and PIA bend points; actual benefit depends on your earnings record.
  • Claiming at 62 vs Full Retirement Age vs 70 changes the monthly benefit by roughly +/- 30%.

Not financial advice. US Social Security rules. Your actual benefit depends on earnings history.

Related

→ Social Security Strategy → Pre-Retirement → Bitcoin Retirement Withdrawal
HOW THIS IS CALCULATED

This tool runs entirely in your browser — no data is sent to any server. All formulas use standard financial math. Verify the methodology or inspect the source code in your browser's dev tools.