Estimate Social Security benefits by using the Retirement Estimator tool on the Social Security Administration's website, notes SocialSecurity.gov. The tool is for people who are not currently receiving benefits, waiting for benefits' decisions, receiving benefits on the record of another worker, or who do not have sufficient credits to qualify for benefits. The tool is free to use.
- Navigate to SocialSecurity.gov
- Launch the Retirement Estimator tools
- Enter your specific information
- Enter last year's earnings
Visit the Social Security Administration's official website, SocialSecurity.gov.
Click on the Retirement Estimator link found on the bottom of the home page. This launches the tool.
The tool first asks users to verify their identities by entering their names as shown on their Social Security cards. They must also enter any other last names used, their mothers' maiden names and their Social Security numbers and birthdates, states socialsecurity.gov. The place of birth for the person requesting the estimate is also required. Finally, the person requesting information must agree to the tool's terms of service by ticking the box indicating agreement, and then click submit.
After entering your information, the system asks for your previous year's earnings. Enter that figure to receive your retirement benefits estimate. The estimate will be organized by your benefit at full retirement age, at age 70 and at age 62.