Social Security Reduction Schedule Age Percent of Full Benefit Monthly Benefit 62 70.00% $1,400 63 75.00% $1,500 64 80.00% $1,600 65 86.67% $1,733 66 93.33% $1,867 67 100.00% $2,000 70 124.00% $2,480 Cumulative Benefit By Year Best Year 62 63 64 65 66 67 70 62 2021 $16,800 $16,800 63 2022 $33,600 $18,000 $33,600 64 2023 $50,400 $36,000 $19,200 $50,400 65 2024 $67,200 $54,000 $38,400 $20,800 $67,200 66 2025 $84,000 $72,000 $57,600 $41,600 $22,400 $84,000 67 2026 $100,800 $90,000 $76,800 $62,400 $44,800 $24,000 $100,800 68 2027 $117,600 $108,000 $96,000 $83,200 $67,200 $48,000 $117,600 69 2028 $134,400 $126,000 $115,200 $104,000 $89,600 $72,000 $134,400 70 2029 $151,200 $144,000 $134,400 $124,800 $112,000 $96,000 $29,760 $151,200 71 2030 $168,000 $162,000 $153,600 $145,600 $134,400 $120,000 $59,520 $168,000 72 2031 $184,800 $180,000 $172,800 $166,400 $156,800 $144,000 $89,280 $184,800 73 2032 $201,600 $198,000 $192,000 $187,200 $179,200 $168,000 $119,040 $201,600 74 2033 $218,400 $216,000 $211,200 $208,000 $201,600 $192,000 $148,800 $218,400 75 2034 $235,200 $234,000 $230,400 $228,800 $224,000 $216,000 $178,560 $235,200 76 2035 $252,000 $252,000 $249,600 $249,600 $246,400 $240,000 $208,320 $252,000 77 2036 $268,800 $270,000 $268,800 $270,400 $268,800 $264,000 $238,080 $270,400 78 2037 $285,600 $288,000 $288,000 $291,200 $291,200 $288,000 $267,840 $291,200 79 2038 $302,400 $306,000 $307,200 $312,000 $313,600 $312,000 $297,600 $313,600 80 2039 $319,200 $324,000 $326,400 $332,800 $336,000 $336,000 $327,360 $336,000 81 2040 $336,000 $342,000 $345,600 $353,600 $358,400 $360,000 $357,120 $360,000 82 2041 $352,800 $360,000 $364,800 $374,400 $380,800 $384,000 $386,880 $386,880 83 2042 $369,600 $378,000 $384,000 $395,200 $403,200 $408,000 $416,640 $416,640 84 2043 $386,400 $396,000 $403,200 $416,000 $425,600 $432,000 $446,400 $446,400 85 2044 $403,200 $414,000 $422,400 $436,800 $448,000 $456,000 $476,160 $476,160 86 2045 $420,000 $432,000 $441,600 $457,600 $470,400 $480,000 $505,920 $505,920 87 2046 $436,800 $450,000 $460,800 $478,400 $492,800 $504,000 $535,680 $535,680 88 2047 $453,600 $468,000 $480,000 $499,200 $515,200 $528,000 $565,440 $565,440 89 2048 $470,400 $486,000 $499,200 $520,000 $537,600 $552,000 $595,200 $595,200 90 2049 $487,200 $504,000 $518,400 $540,800 $560,000 $576,000 $624,960 $624,960 91 2050 $504,000 $522,000 $537,600 $561,600 $582,400 $600,000 $654,720 $654,720 92 2051 $520,800 $540,000 $556,800 $582,400 $604,800 $624,000 $684,480 $684,480 93 2052 $537,600 $558,000 $576,000 $603,200 $627,200 $648,000 $714,240 $714,240 94 2053 $554,400 $576,000 $595,200 $624,000 $649,600 $672,000 $744,000 $744,000 95 2054 $571,200 $594,000 $614,400 $644,800 $672,000 $696,000 $773,760 $773,760 96 2055 $588,000 $612,000 $633,600 $665,600 $694,400 $720,000 $803,520 $803,520 97 2056 $604,800 $630,000 $652,800 $686,400 $716,800 $744,000 $833,280 $833,280 98 2057 $621,600 $648,000 $672,000 $707,200 $739,200 $768,000 $863,040 $863,040 99 2058 $638,400 $666,000 $691,200 $728,000 $761,600 $792,000 $892,800 $892,800 100 2059 $655,200 $684,000 $710,400 $748,800 $784,000 $816,000 $922,560 $922,560 If you live to Age... Year You are Better Off Taking Benefit at Age... Best Age Full Benefit @ Normal Ret. Age: 67 Assumed Full Benefit: $2,000 Assumed Interest Rate on SS Money 0%