If you want to do your own calculations, you can check your estimated benefit at different ages with your Social Security Administration account.

Key Points Your monthly Social Security benefits are calculated based on your wage history. It’s possible to boost your benefits after claiming them by continuing to work. Whether earning money later in life impacts your benefits payments

Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending shortfall, according to an annual report released Wednesday by Social Security’s trustees.