This program estimates the Primary Insurance Amount (i.e. Social Security monthly retirement benefit) adjusted for payment beginning at the specified Retire Age. The most current regulations for calculating the benefit are used with the Wagebases as in effect for Year projected forward by Wagebase %, National Average Earnings projected using NAE %, and future Cost of Living percentages assumed to be COL %. The compensation for the year prior to Retire Age is the last used in the calculations.
For assistance in entering salary history check Project Salaries and enter a percentage in Project % - the salary for any age you click, and all intermediate ages from age last selected, will be calculated using the Project % and the salary at the age last selected.