Michael Ecke is a mortgage professional - NMLS # 1439805, entrepreneur, businessman, and founder of Prosperment. As a current employee of a Fortune 50 company, Michael is dedicated to ensuring the utmost attention to detail and quality control. Michael provides executive oversight and direction to Prosperment and its sister companies. Michael brings to his position the business foresight and acumen required as Prosperment continues its remarkable growth.
Did you know on average Social Security replaces about 40% of your annual pre-retirement earnings? You will need other savings, investments, pensions, or retirement accounts to live comfortably. If you don’t already have a my Social Security account, you should, it’s the only place where you can see personalized estimates of your future benefits based on your actual earnings. Social Security uses your highest 35 years of earnings to calculate your benefit. Therefore, it is so important to check your earnings every year to verify Social Security has your correct earnings history. Open your free my Social Security account at socialsecurity.gov/myaccount, and start your retirement planning today.
What does a my Social Security Account let me do?
If you do not receive benefits, you can:
How does the retirement estimator work?
The Retirement Estimator gives estimates based on your actual Social Security earnings record. Please keep in mind that these are just estimates. They can’t provide your actual benefit amount until you apply for benefits. And that amount may differ from the estimates provided because:
How do I create an account?
To create a my Social Security account, you must provide some personal information about yourself. You also provide answers to some questions that only you are likely to know.
Next, you create a username and password that you will use to access your online account. Then, you will select how you would like to receive a one-time security code by providing the email address you registered or a text-enabled cell phone number. Once you receive the one-time security code, you will need to enter it within 10 minutes to finish creating your account. This process protects you and keeps your personal Social Security information private. Social Security maintains a robust cyber-security system, but you are the most important factor in helping keep your information safe.
What if I have a security freeze or fraud alert on my credit report?
You can still open a my Social Security account in person by visiting your local Social Security office. You can also temporarily lift your security freeze or fraud alert to create your account online, and then reinstate it as needed.
Example of estimated Social Security Benefits
You have earned enough credits to qualify for retirement benefits. At your current earnings rate, your estimated payment would be:
At full retirement age (67):
$2,337 a month
At age 70:
$2,898 a month
At early retirement age (62):
$1,624 a month
Your estimates are based on the assumption that you will earn $71,584 a year from now until retirement.
You have worked enough credits to qualify for disability benefits.
If you become disabled right now your estimated payment would be:
$2,023 a month
Apply Online for Disability
If you get retirement or disability benefits, your spouse and children also may qualify for benefits.
You have enough credits for your family to qualify for survivor benefits. If you die this year, certain members of your family may be eligible for these benefits:
$1,683 a month
Your spouse who is caring for your child:
$1,683 a month
Your spouse (starting at full retirement age):
$2,244 a month
Your total family benefits cannot be more than $3,927 a month.
Your spouse or minor child may be eligible for a special one-time death benefit of $255.
Open a my Social Security account today and rest easy knowing that you’re in control of your future.