Best claiming age
For your life expectancy
,
We reduce the full-retirement-age benefit for claiming early (5/9 of 1% per month for the first 36 months, 5/12 of 1% beyond) and add 8% per year of delayed credits after full retirement age up to 70. Lifetime totals multiply the monthly benefit by the months from claiming to your life expectancy. This ignores taxes, spousal and survivor strategies, and cost-of-living adjustments.