Smirking Cat Software

Retirement benefit from covered earnings

Social Security Estimator

Worker's own retirement benefit from a wage curve or an earnings record, a stop-work year, and a first benefit month. The same payroll taxes can be followed as a market balance. Runs in this browser.

Your assumptions

Earnings, a statement file, and the other inputs stay on this computer. Nothing is uploaded. A saved run is stored only in this browser, the same way as the other calculators.

Month sets full retirement age and the reduction
High school is 0 and work starts at 18. Plus 4 uses the bachelor curve. Plus 6 or more uses the advanced curve. Each added year starts work one year later. On an earnings record, school shapes only the years after the last one.
Sets the level of the curve
Last year with covered earnings
From age 62 through age 70
Last age on the benefit schedule
After the last published Social Security COLA
Projects the wage index, wage base, and bend points. Trustees intermediate is about 3.6%
Nominal annual return after 2025. Through 2025 the balance uses the S&P 500 total return, dividends included.

Results