{"id":38450,"date":"2025-04-15T07:44:53","date_gmt":"2025-04-15T11:44:53","guid":{"rendered":"https:\/\/futbolete.com\/us\/?p=38450"},"modified":"2025-04-15T07:47:59","modified_gmt":"2025-04-15T11:47:59","slug":"this-is-how-much-women-and-men-collect-from-social-security-payments-on-average-by-age","status":"publish","type":"post","link":"https:\/\/futbolete.com\/us\/this-is-how-much-women-and-men-collect-from-social-security-payments-on-average-by-age\/","title":{"rendered":"This is How Much Women and Men Collect from Social Security Payments on Average by Age"},"content":{"rendered":"

The Social Security Administration<\/strong> has unveiled some really interesting figures regarding retired worker<\/strong> beneficiaries. It shows the average payment<\/strong> amounts by age for both men and women<\/strong>. All this date is for December 2024, so it is very recent. For example, there are about 51,772,651<\/strong> American retired workers on retirement benefits<\/strong>.<\/p>\n

As of December 2024, the average payment<\/strong> was $1,975.34<\/strong>\u00a0for both men and women. The youngest you can get Social Security retirement benefits<\/strong> is 62 and their average payment was $1,341.61<\/strong>. While men aged 62<\/strong> receive about $1,485.76, women receive about $1,207.03 on average. If you are aged 63 these average amounts are $1,504.97 for men and $1,233.28 for women.<\/p>\n

Social Security average payments for men & women aged 64-66<\/h2>\n

As you can see, as retired workers are older, they get more money from Social Security<\/strong>. This is because the Agency reduces payment<\/strong> if you file early. In fact, you can only get 100% of your retirement benefits if you file at Full Retirement Age.<\/p>\n

The next average retirement benefit payment will be for those aged 64<\/strong>. If you are a man, the average benefit payment at 64 is $1,573.59, and for women $1,288.65.<\/p>\n

65 used to be the Full Retirement Age<\/strong> for some Americans. However, if you were born in 1960 or later, your new Full Retirement Age is 67. A 65-year-old<\/strong> can receive about $1,611.00 on average.<\/p>\n

Men this age get about $1,784.78 and women about $1,452.55. If you are 66, $1,958.41 is the average retirement benefit payment for men and $1,580.90 for women.<\/p>\n

Social Security average payments for men & women aged 67-70<\/h2>\n

Average Social Security payment amounts keep increasing for those aged 67<\/strong>. Retirees aged 67 get about $1,929 on average as of December 2024. Men get about $2,142.78 and women about 1,719.20.<\/p>\n

Retired workers who are aged 68<\/strong> get about $1,979.87 on average from Social Security. The average amount for men this age is $2,197.41 and $1,765.64 for women aged 68. Are you 69 years old?<\/p>\n

Then, the average Social Security payment<\/strong> for your age group is $2,039.72. Men get approximately $2,267.09 and women about $1,816.63. So far, the average amounts keep increasing.<\/p>\n

Average retirement benefit payments for ages 70+<\/h2>\n

Some workers have started collecting benefits at 62 and are 70 years<\/strong> old in 2025. Others have just filed for retirement benefits<\/strong> at 70 in 2025. If you are 70 and you are still working, it is time to stop working because your benefits are already 24% higher than if you had filed at Full Retirement Age<\/strong> and they will not grow anymore.<\/p>\n

This age is also an interesting turning point. On average, they can receive about $2,148.12<\/strong>. This average amount is higher than all the previous ones. However, it is also higher than the next one for 71-year-olds. But 72-year-olds get more than 71-year-olds.<\/p>\n