India, June 6 -- The first step in planning for retirement is understanding how much money you may receive from Social Security in the future. Social Security provides income after retirement and can also help people through disability and survivor benefits. Knowing your future Social Security benefits can help you plan your savings and investments more effectively. It gives you a better idea of how much income you may have after retirement.

Social Security calculates your benefits based on your earnings and work history. To qualify for benefits, you must earn Social Security credits. The number of credits you need depends on the type of benefit you are applying for and the age at which you claim it.

In 2026, workers earned one Social S...