How much will I get from Social Security?

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Written by Jeffrey Johnson
Insurance Lawyer Jeffrey Johnson

UPDATED: Jul 16, 2021

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Your Social Security benefit is based on factors such as your date of birth, the type of benefit you are applying for and the amount of your earnings which were subject to the social security and Medicare taxes.

To get detailed estimate of your Social Security retirement, disability and survivorship benefits, get a Personal Earnings and Benefit Estimate Statement from the Social Security Administration. This statement is available by completing and submitting a form (SSA-7004) to the Social Security Administration – who will then send your statement to you via snail mail.

Social security benefits are based upon your earnings averaged over your working lifetime. A formula is used to determine the amount of your benefit – as a rule of thumb, about 40% of your earnings is replaced by Social Security benefits.

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