Planning Briefs
What Will Your Social Security Benefits Come To?
Published Monday, March 28, 2016 at: 7:00 AM EDT
Until a few years ago, the Social Security Administration (SSA) mailed periodic estimates of retirement benefits to all workers. Not anymore. But you still can get a good idea of what your monthly benefit amount will be by using the SSA's Retirement Estimator at www.ssa.gov/retire/estimator.html.
Keep in mind that this is just an estimate based on your earnings history. It isn't written in stone. Also, Social Security rules may change in the future.
You can use the Retirement Estimator if you have enough Social Security credits to qualify for benefits and you're not (1) currently receiving benefits on your own Social Security record; or (2) waiting for a government decision about benefits or Medicare; or (3) age 62 or older and receiving benefits on another Social Security record; or (4) eligible for a pension based on work not covered by Social Security.
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