SSA Shows Age-70 Retirees Average $2,516 a Month, vs $1,604 at 62
Updated
Updated · Yahoo Finance · Oct 9
SSA Shows Age-70 Retirees Average $2,516 a Month, vs $1,604 at 62
2 articles · Updated · Yahoo Finance · Oct 9
Summary
$2,516 for men and $2,018 for women is the average monthly retired-worker benefit at age 70, versus $1,604 and $1,307 at age 62, according to SSA data updated in June 2026.
The gap largely reflects claim timing: workers can start at 62 with reduced checks, while delaying to 70 yields the largest benefit tied to their earnings history.
Men receive higher average benefits than women at every age from 62 to 70, a pattern the report links to higher lifetime earnings, though the pay gap has narrowed somewhat in recent decades.
Claiming early remains common despite smaller payouts: of 4 million retired workers who filed last year, 22% claimed at 62, while about 8% waited until 70.