Your information

Full Retirement Age: 67 years 0 months
Find this on your Social Security Statement at ssa.gov/myaccount.
62 67 70
For estimating federal taxation of your Social Security benefits.
Pensions, IRA/401(k) distributions, wages, interest, dividends. Excludes Social Security.
Used only for lifetime totals and break-even analysis.
Monthly benefit
$2,000
At full retirement age
After earnings test
$2,000
No withholding
Annual benefit
$24,000
 

Monthly benefit by claiming age

Claiming at 67 gives you $2,000/month — your full benefit.

Lifetime total & break-even

Lifetime total = annual benefit × years from claiming age through your assumed life expectancy. Excludes COLA, taxes, and any earnings-test withholding (which is recredited at FRA).

Federal taxation of your benefits

Provisional income = other taxable income + tax-exempt interest + ½ of Social Security. Thresholds: single $25k / $34k, MFJ $32k / $44k. Up to 50% / 85% of benefits become taxable above each tier. This is an estimate — not a tax-return computation.

Key insights

Disclaimer. This calculator is for educational and recordkeeping purposes only. It is not legal, tax, or financial advice and does not establish an advisor-client relationship. Social Security rules, earnings limits, and inflation adjustments change annually — figures shown reflect the year noted in the footer. Consult the Social Security Administration (ssa.gov) or a qualified advisor before making a claiming decision.
Beaconshire Advisory LLC · Social Security Benefits Calculator · Confidential Working Document
www.beaconshireadvisory.com · Calculations based on Social Security rules for 2025 · © Beaconshire Advisory, LLC