2024 Social Security Increase Estimate Calculator. You can find out exactly how. The current version of the detailed calculator is 2024.2, which we released on july 31, 2024.

This calculator can help with planning the financial aspects of your retirement, such as providing an idea where you stand in terms of retirement savings, how much to save to. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024.