{
  "id": 16337493,
  "title": "Here's the Average Social Security Benefit at Ages 62 to 80",
  "url": "https://urgent.news/2026/10/24/heres-the-average-social-security-benefit-at-ages-62-to-80",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T14:00:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/retirement/social-security/2026/10/24/heres-the-average-social-security-benefit-at-ages-62-to-80/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Here's the average Social Security benefit for retired workers at ages 62 through 80, according to December 2025 data:\n\nBenefits rise by 59.7% between ages 62 and 70. At age 70, the average monthly benefit stands at $850.28 higher than at age 62, translating to an annual difference of $10,203.36.\n\nClaiming benefits at 62 reduces payments by 30%, while delaying until 70 earns 8% annual credits. For the oldest retirees, benefits slightly decrease.\n\nWomen at 70 receive about $505.54 less monthly than men, due to factors like the gender pay gap and time out of the workforce for caregiving.\n\nEven at the age-70 peak, the average annual benefit of $27,296.16 is far below the typical senior household's $61,432 annual spending, leaving a $34,135.84 gap.\n\nA 3.6% cost-of-living adjustment will boost the age-70 average by about $82 per month in 2027. Use your planned claiming age as your benchmark, not the overall peak. Complement Social Security with other income sources like savings, a 401(k), IRA, pension, or part-time work. Consider your options and create a comprehensive retirement plan.",
  "summary": "Claiming at 62 versus 70 creates a stark income gap that reshapes retirement planning for millions.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Here's the Average Social Security Benefit at Age 67",
        "url": "https://urgent.news/2026/10/23/heres-the-average-social-security-benefit-at-age-67-16202404",
        "published": "2026-10-23T16:20:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}