The Social Security program, which the government administers, is known for pulling more than 22 million Americans out of poverty. According to the reports, around 80 to 90 percent of American retirees wait for their Social Security income to cover a significant portion of their expenses. However, it is also important to note that the Social Security checks are different depending on the age of the retiree. If you are someone who wants to know about the average benefits a retired worker takes home every month, this article is for you. It brings you everything you need to know about the average social security benefits for retired workers by age in 2025.
What Are The Factors Determining Your Monthly Retired Worker Benefit?
The Social Security Administration uses four main factors to determine your monthly retired-worker benefits, namely earning history, your work history, your full retirement age, and your claiming age. SSA uses the 35 highest-earning, inflation-adjusted years. This means if you have received an above-average salary or wage throughout your lifetime, you’ll receive an above-average Social Security retired-worker check, too. The third factor depends wholly on your year of birth and the age you became eligible to receive retirement benefits. On the other hand, the longer you wait to claim your Social Security payment, the payout increases up to 8%.
Breakdown Of The Average Social Security Benefit For Retired Workers By Age In 2025
The following is a complete breakdown of the average social security benefit for retired workers depending on the age they claim their social security.
- 62 – $1,341.61
- 63 – $1,364.48
- 64 – $1,425.42
- 65 – $1,611.00
- 66 – $1,763.99
- 67 – $1,929.73
- 68 – $1,979.87
- 69 – $2,039.72
- 70 – $2,148.12
- 71 – $2,114.43
- 72 – $2,117.23
- 73 – $2,087.94
- 74 – $2,054.16
- 75 – $2,064.53
- 76 – $2,076.39
- 77 – $2,046.16
- 78 – $2,060.78
- 79 – $2,012.59
- 80 – $2,006.20
- 81 – $2,004.45
- 82 – $2,007.04
- 83 – $2,006.39
- 84 – $1,983.59
- 85 – $1,944.05
- 86 – $1,924.82
- 87 – $1,893.13
- 88 – $1,838.39
- 89 – $1,813.00
- 90 – $1,809.24
- 91 – $1,814.93
- 92 – $1,838.03
- 93 – $1,825.54
- 94 – $1,815.61
- 95 – $1,814.95
- 96 – $1,821.27
- 97 – $1,822.09
- 98 – $1,798.73
- 99+ – $1,775.88
What Is The Ideal Age Of Claiming Social Security?
If you analyse the breakdown given above, you will realise that patience really pays off when it comes to claiming your social security. A detailed study from the researchers at United Income revealed that around 79% of the 20,000 workers’ initial claims were made at 62-64. This was mainly because of the fear of early death or other monetary needs. However, only 8% of these workers can actually optimize their claims at 62-64 years of age. On the other hand, 57% of the 20,000 retired workers studied successfully managed to maximize their payouts after waiting to claim social security till they reached 70 years of age. This means the ideal age of claiming social security is 70 years (without chronic illness that can shorten your lifespan).
Credit Sources:-
