Social Security Break-Even Calculator

When should you claim Social Security? Compare the cumulative lifetime payout of claiming at early (62), Full Retirement Age (67), and max deferred (70) to find exactly when the mathematical break-even point occurs.

Expected Monthly Benefit at Full Retirement Age (67)

You can find this number by creating an account at ssa.gov.

Expected Lifespan (Age)

Total Lifetime Payout

Claiming at 62 (Early)

$0 / mo

Claiming at 67 (FRA)

$0 / mo

$0
Claiming at 70 (Optimized)
$0 / mo

If you expect to live past age X, waiting until 70 is mathematically superior. If you expect a shorter life due to health concerns, claiming early wins.