Social Security Retirement Income + Wages Calculator
Did you know that if you collect Social Security retirement income prior to full retirement age, and continue to earn wages, your Social Security retirement income might be reduced? Use this calculator to discover more.
🔒 Not saved or transmitted — used only to calculate your FRA.
Only wages earned before this month count toward the earnings test.
The monthly earnings test ($2,040 limit) applies from this month through December — or through your FRA month if you reach FRA this year.
Check each month where you expect your wages to be $2,040 or less . You will receive your full Social Security benefit for those months. Leave a month unchecked if you expect to earn more — your benefit will be withheld that month. If you are self-employed, please refer to the SSA's self-employment rules .
Breakdown
Are you wondering if there is a breakeven point where earning a smaller salary nets you close to the same income, due to the way this deduction works? This might be good to know if you want to switch careers or work fewer hours.
Would you also like this calculator to estimate how long it might take to recover lost Social Security payments after you reach FRA?
🛡️ Maximize Social Security Payment
📈 Your Current Scenario
Find Your Sweet Spot
| Annual Wages | ▼ Social Security Payment Withheld | ▲ Social Security Payment Received | Total Gross Income | Income Mix |
|---|
Wages | Social Security payment received | ◀ your current wages