Find your PIA on your Social Security statement.
Starting Monthly Benefit
Claim at 62US$1,750
Claim at FRA (67)US$2,815
Claim at 70US$3,748
Lifetime (Age 62)
US$865,631
Lifetime (FRA 67)
US$1,079,241
Lifetime (Age 70)
US$1,209,569
Age 76: claiming at FRA overtakes claiming at 62.
Age 80: claiming at 70 overtakes claiming at FRA.
Cumulative Benefits Over Time
- Claim at 62
- Claim at 70
- Claim at FRA
Simplified US model: benefit multipliers are approximate, and this ignores taxation of benefits, spousal/survivor rules, and earnings tests.