| Social Security Payout When
Born 1943-1954 |
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| Expected
monthly benefit at full retirement age of 66: |
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$1,000 |
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Cost of Living Adjustment |
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7.00% |
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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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$12,000 |
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$12,000 |
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$12,000 |
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$12,000 |
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$12,000 |
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$12,000 |
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$12,000 |
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$12,000 |
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$12,000 |
| Will
have received at age: |
63 |
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$9,000 |
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64 |
$9,630 |
$18,630 |
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$9,600 |
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65 |
$10,304 |
$28,934 |
$10,272 |
$19,872 |
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$10,400 |
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66 |
$11,025
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$39,959 |
$10,991 |
$30,863
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$11,128
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$21,528
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$11,200 |
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67 |
$11,797
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$51,757 |
$11,760
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$42,623
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$11,907
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$33,435
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$11,984 |
$23,184 |
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$12,000 |
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68 |
$12,623
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$64,380 |
$12,584
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$55,207
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$12,740
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$46,176
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$12,823
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$36,007
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$12,840 |
$24,840 |
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$12,960 |
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69 |
$13,507
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$77,886 |
$13,464
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$68,672
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$13,632
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$59,808
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$13,721
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$49,728
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$13,739 |
$38,579
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$13,867 |
$26,827
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$13,920 |
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70 |
$14,452
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$92,338 |
$14,407
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$83,079
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$14,587
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$74,395
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$14,681
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$64,409
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$14,701
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$53,279
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$14,838
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$41,665
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$14,894 |
$28,814
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$14,880 |
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71 |
$15,464
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$107,802 |
$15,416
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$98,494
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$15,608
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$90,002
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$15,709
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$80,117
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$15,730
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$69,009
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$15,877
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$57,542
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$15,937 |
$44,751
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$15,922 |
$30,802
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$15,840 |
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72 |
$16,546
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$124,348 |
$16,495
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$114,989
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$16,700
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$106,702
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$16,808
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$96,926
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$16,831
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$85,839
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$16,988
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$74,530
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$17,053
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$61,804
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$17,036
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$47,838 |
$16,949 |
$32,789
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73 |
$17,704
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$142,052 |
$17,649
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$132,638
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$17,869
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$124,572
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$17,985
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$114,911
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$18,009
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$103,848
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$18,177
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$92,707
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$18,246
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$80,050
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$18,229
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$66,066
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$18,135 |
$50,924
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74 |
$18,944
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$160,996 |
$18,885
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$151,523
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$19,120
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$143,692
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$19,244
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$134,154
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$19,269
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$123,118
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$19,449
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$112,156
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$19,524
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$99,574
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$19,505
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$85,571
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$19,405
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$70,329
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75 |
$20,270
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$181,266 |
$20,207
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$171,729
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$20,458
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$164,150
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$20,591
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$154,745
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$20,618
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$143,736
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$20,811
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$132,967
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$20,890
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$120,464
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$20,870
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$106,441
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$20,763
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$91,092
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76 |
$21,689
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$202,954 |
$21,621
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$193,350
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$21,891
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$186,041
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$22,032
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$176,778
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$22,062
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$165,797
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$22,268
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$155,235
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$22,352
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$142,816
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$22,331
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$128,772
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$22,216
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$113,308
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77 |
$23,207
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$226,161 |
$23,135
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$216,485
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$23,423
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$209,463
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$23,575
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$200,352
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$23,606
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$189,403
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$23,826
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$179,061
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$23,917
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$166,734
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$23,894
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$152,666
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$23,772
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$137,080
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78 |
$24,831
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$250,992 |
$24,754
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$241,239
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$25,062
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$234,526
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$25,225
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$225,577
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$25,258
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$214,661
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$25,494
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$204,555
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$25,591
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$192,325
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$25,567
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$178,232
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$25,436
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$162,515
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79 |
$26,569
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$277,562 |
$26,487
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$267,725
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$26,817
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$261,343
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$26,990
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$252,567
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$27,026
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$241,688
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$27,279
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$231,834
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$27,383
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$219,708
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$27,356
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$205,589
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$27,216
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$189,731
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80 |
$28,429
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$305,991 |
$28,341
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$296,066
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$28,694
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$290,037
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$28,880
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$281,447
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$28,918
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$270,606
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$29,188
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$261,023
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$29,300
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$249,007
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$29,271
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$234,860
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$29,121
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$218,853
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81 |
$30,419
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$336,411 |
$30,325
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$326,391
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$30,703
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$320,739
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$30,901
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$312,348
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$30,942
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$301,548
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$31,232
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$292,254
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$31,351
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$280,358
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$31,320
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$266,180
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$31,160
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$250,012
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82 |
$32,549
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$368,959 |
$32,447
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$358,838
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$32,852
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$353,591
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$33,064
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$345,413
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$33,108
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$334,657
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$33,418
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$325,672
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$33,545
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$313,903
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$33,513
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$299,693
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$33,341
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$283,353
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83 |
$34,827
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$403,787 |
$34,719
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$393,557
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$35,151
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$388,743
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$35,379
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$380,792
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$35,426
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$370,083
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$35,757
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$361,429
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$35,893
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$349,796
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$35,858
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$335,551
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$35,675
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$319,028
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84 |
$37,265
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$441,052 |
$37,149
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$430,706
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$37,612
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$426,355
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$37,856
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$418,647
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$37,906
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$407,988
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$38,260
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$399,689
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$38,406
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$388,202
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$38,369
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$373,920
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$38,172
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$357,200
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85 |
$39,874
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$480,925 |
$39,749
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$470,455
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$40,245
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$466,600
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$40,505
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$459,153
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$40,559
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$448,548
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$40,938
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$440,627
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$41,094
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$429,296
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$41,054
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$414,974
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$40,844
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$398,044
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86 |
$42,665
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$523,590 |
$42,532
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$512,987
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$43,062
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$509,662
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$43,341
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$502,494
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$43,398
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$491,946
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$43,804
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$484,431
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$43,971
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$473,267
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$43,928
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$458,902
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$43,703
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$441,747
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87 |
$45,651
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$569,241 |
$45,509
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$558,496
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$46,076
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$555,738
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$46,375
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$548,868
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$46,436
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$538,382
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$46,870
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$531,302
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$47,049
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$520,315
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$47,003
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$505,906
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$46,762
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$488,509
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88 |
$48,847
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$618,088 |
$48,695
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$607,191
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$49,302
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$605,040
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$49,621
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$598,489
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$49,687
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$588,069
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$50,151
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$581,453
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$50,342
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$570,657
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$50,293
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$556,199
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$50,036
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$538,545
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89 |
$52,266
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$670,354 |
$52,103
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$659,294
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$52,753
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$657,793
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$53,094
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$651,583
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$53,165
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$641,234
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$53,662
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$635,114
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$53,866
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$624,523
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$53,814
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$610,013
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$53,538
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$592,083
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90 |
$55,925
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$726,279 |
$55,751
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$715,045
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$56,446
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$714,238
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$56,811
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$708,394
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$56,886
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$698,120
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$57,418
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$692,532
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$57,637
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$682,160
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$57,581
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$667,594
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$57,286
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$649,369
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91 |
$59,840
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$786,119 |
$59,653
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$774,698
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$60,397
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$774,635
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$60,788
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$769,182
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$60,868
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$758,988
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$61,437
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$753,970
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$61,671
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$743,831
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$61,612
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$729,205
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$61,296
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$710,664
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92 |
$64,028
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$850,147 |
$63,829
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$838,527
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$64,624
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$839,259
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$65,043
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$834,225
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$65,129
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$824,118
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$65,738
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$819,708
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$65,988
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$809,819
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$65,924
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$795,130
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$65,587
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$776,251
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| Bold
figure is highest payout at that age |
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