“How the Retirement Estimator Works – The Retirement Estimator gives estimates based on your actual Social Security earnings record. Please keep in mind that these are just estimates. We can’t provide your actual benefit amount until you apply for benefits. And that amount may differ from the estimates provided because:

• Your earnings may increase or decrease in the future.
• After you start receiving benefits, they will be adjusted for cost-of-living increases.
• Your estimated benefits are based on current law. The law governing benefit amounts may change because, by 2034, the payroll taxes collected will be enough to pay only about 79 cents for each dollar of scheduled benefits.
• Your benefit amount may be affected by military service, railroad employment or pensions earned through work on which you did not pay Social Security tax…”