CMP Financial Planning

Obtaining Your Social Security Benefit Estimate


 by Barry Jamieson, CFP®, MA
As you approach retirement, you may want to estimate more precisely estimate what your monthly Social Security benefit will be.  For many this figure is important because this benefit is likely to represent a significant share of their retirement income.  Unfortunately, the Social Security Administration does not send out paper statements as frequently as they used to. Paper statements are being sent only to those people over age 60 and who do not have an online “my Social Security” account. To get immediate access to your benefit estimate you can easily create an online account. Simply go to thehttps://www.ssa.gov/myaccount/ and put in your personal information.  If you have frozen your credit information, you will need to unfreeze your account information while Social Security verifies your personal information or you can simply go in person to your local Social Security office to get your online account set up.