Visit the website for the Social Security Administration Retirement Estimator $($opens in new window$).$ There you will find some quick benefits calculator at that can be used to estimate your Social Security benefit in today$$s dollars. Go half way down the page to the blue dialog box titled "Estimate Your Retirement Benefits." Complete the information the site requires to access this calculation. Use an income figure that approximates what you expect to earn in the first full year after graduating from college. The answer provided will tell you what your benefits will be at ages $62,67,70.$ You will have to do some research to find the average starting salaries in your career field to determine what that income will be based on your future employment plans.

Then access the site to research When to Start Receiving Retirement Benefits $($opens in a new window$)$ and read the document; $$When to Start Receiving Retirement Benefits.$$

There are two parts to your summation document:

Summarize your findings for what your benefits will be at ages $62,67,70.$

Discuss what your proposed plan is today for receiving benefits at each age of eligibility $(62,67,70),$ as well as which age do you believe will be the best for you?