The average U.S. Social Security retirement benefit for 2025 is approximately $2,000 per month, with specific figures varying by month and data source. For example, the average for retired workers was about $1,976 in early 2025, and another source reports it as $2,008.31 in
August 2025. This amount can be supplemented by other savings and is influenced by an individual's earnings history and claiming age.
Average benefit: The average monthly benefit for retired workers is roughly $1,976 to $2,008 for 2025.
Variability: The
exact average changes depending on the month and the specific data source.
Individual variation: The average is an estimate; your actual benefit will depend on your lifetime earnings and when you choose to start receiving payments.
Maximum benefit: The maximum possible monthly benefit for those who delay claiming until age 70 is $5,108 in 2025.
According
to data from the Social Security Administration (SSA), the average monthly
Social Security retirement benefit for a retired worker was $2,008.31 in August
2025. This amount reflects a 2.5% cost-of-living adjustment (COLA) that took
effect in January 2025.
Key details on 2025 average benefits:
Average for all retired workers: As of August 2025, retired workers received an average of $2,008.31 per month.
Monthly changes: The average benefit amount can tick up slightly throughout the year as newer, higher-earning retirees begin collecting benefits. The average for retired workers in January 2025 was $1,978.77, increasing to $2,006.69 in July, and $2,008.31 in August.
Spouses and children: Average monthly benefits in July 2025 were $954.19 for spouses of retired workers and $924.47 for children of retired workers.
Other beneficiary types: As of August 2025, the average monthly check was $1,582.95 for disabled workers and $1,865.74 for non-disabled widows or widowers.
How it's calculated: An individual's benefit is based on their lifetime earnings and the age at which they claim their benefits. For 2025, the maximum benefit varies depending on claiming age: $2,831 at age 62, $4,018 at full retirement age, and $5,108 at age 70.
As of 2025, approximately 25-30% of Americans aged 65 and older continue to work, which means a significant percentage of retirees work past age 66. The specific percentage of those who identify as "retirees" but continue to work is not perfectly defined, as many people transition gradually or "unretire."
https://www.google.com/search?q=what+percentage+of+us+retirees+continue+to+work+past+age+66+in+2025
Norb Leahy, Dunwoody GA Tea Party Leader
No comments:
Post a Comment