- Verify your lifetime earnings record and make sure all of your contributions are posted correctly.
- See the estimates of your future retirement or disability benefits on your Social Security Statement and the approximate amount your family may receive in survivors benefits. You can also get estimates of Social Security and Medicare taxes you’ve paid.
Once you verify that your earnings record is correct, you can use our Retirement Estimator to get customized benefit estimates. Plug in different numbers, retirement dates, and scenarios to help you decide the best time for you to retire. Keep in mind these are estimates — not guarantees. Social Security cannot provide your actual benefit amount until you apply for benefits.
On average, Social Security replaces about 40 percent of your pre-retirement income. This means that a solid retirement plan must include planning for income other than Social Security. We encourage you to contribute to pension and savings plans offered by your employers. You should also maintain and grow a personal savings account. If possible, you should also open and regularly contribute to an individual retirement fund.
If you follow these steps, you’ll be on your way to ensuring a secure retirement life that covers you and your loved ones. Visit SocialSecurity.gov today and learn the many ways Social Security can help you plan for the future.