This Is the Average Social Security Benefit for Age 67

The average 67-year-old retired worker gets $1,883.50 per month from their Social Security benefit, which is $22,602 per year.

This is slightly less than the $1,905.31 average benefit paid to retired workers, and there's a good reason for that. The overall average includes people who started collecting Social Security before full retirement age, those who waited until full retirement age, and those who chose to wait longer than full retirement age. Since the full retirement age is between 66 and 67, depending on the year you were born, the subset of retirees who are exactly 67 years old doesn't include many people who chose to delay retirement.

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A couple of caveats

As mentioned, this average includes people who are 67 years old now, not who started collecting benefits at age 67. The average 67-year-old beneficiary who didn't claim Social Security early gets $2,060.48 per month, or about $24,726 per year.

It's also worth noting that the actual average is likely to be a little higher right now. The average of $1,883.50 came from the latest edition of the Social Security Statistical Supplement, and the data does not reflect the 2.5% cost-of-living adjustment, or COLA, that just took effect this year. While we don't have current data broken down by age, it would be fair to assume that the average 67-year-old retired worker in 2025 gets about $1,931 per month (2.5% more than the published average).

As a final thought, 67 years of age is the full retirement for all American workers born in 1960 or later, but you can wait until as late as age 70 to start collecting your benefit. For each year you wait beyond full retirement age, your Social Security benefit will be permanently increased by 8%, so you could get as much as 24% more for waiting.

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