I just turned 66 and will reach full retirement age in 4 months, but I plan to continue working for the next three years. My current annual salary is the highest I've ever earned. I am trying to decide whether to claim benefits at full retirement age and let them grow due to my continued work, or whether to wait until age 70 to claim the maximum benefit. Will Maximize My Social Security allow me to make those calculations/comparisons?
Hi. Yes. The Social Security benefit calculator included in our software can calculate your benefit rate at any age from 62 to 70, and will include any future projected earnings that you input into the calculations. The software (https://maximizemysocialsecurity.com/purchase) also fully compares and analyzes all of your options so that you can determine your best strategy for maximizing your benefits.