ClaimCalc

Early Claiming Reduction Calculator

Calculate the permanent reduction to your Social Security benefit when you claim before full retirement age.

Runs 100% in your browser — your benefit numbers never leave this page
$
yrs

Try: Birth year=1960+, Benefit at full retirement age=2000, Claiming age=62 → 60, -30%, $1,400, 70%

How to use

Enter your birth year, benefit at FRA, and the age you plan to claim, then press Calculate. Reductions follow SSA rules: 5/9% per month for the first 36 months early, then 5/12% per month after.

See the 62-70 claiming chart and when to take Social Security.

FAQ

How much is Social Security reduced if I claim at 62?

About 30% if your FRA is 67 (62 is 60 months early), or about 25% if your FRA is 66 (48 months early).

Is the reduction permanent?

Yes, unless you withdraw your claim and repay benefits within 12 months — see can you change your claim.

Does claiming early affect spousal or survivor benefits?

It can reduce the spousal benefit you receive and can affect your spouse — see the spousal benefits guide.

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