The Social Security Administration unveiled a new online calculator to help people plan for their retirement.
The Retirement Estimator at
"Deciding when to retire is one of the most important and difficult decisions many people face," said Social Security Commissioner Michael Astrue in a statement. "The Retirement Estimator greatly improves the information available when trying to decide the right time to retire."
The online calculator is also designed to be secure. It only provides retirement benefit estimates, but does not show the earnings record information on which the final benefit estimate was calculated, nor does it reveal other personal information.