Projections
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Current Law Projections

  1. Early
    Eligibility Age
    Beneficiaries
  2. Low
    Lifetime
    Earners

  3. Oldest
    Old
  4. Scheduled
    vs. Payable
    Benefits
  5. Special
    Minimum
    Benefit
  6. Spousal-
    Only
    Beneficiaries
  7. Survivor-
    Only
    Beneficiaries
  8. Women
    & Dual
    Entitlement
  9. Why Will Poverty
    Decline for
    Beneficiaries?

Chart Descriptions - Early Eligibility Age Beneficiaries in 2050

Released: October 2012
Next expected update: Spring 2014
Population Characteristics
Characteristic Beneficiaries who start benefits at 62 Beneficiaries who start benefits at 63 or older
Number of beneficiaries 28 million 40 million
Women 59% 50%
Below 100% of the poverty threshold  
Scheduled benefits 3% 1%
Payable benefits 5% 2%
 
Return to projection
Lifetime Shared Earnings (percentage of beneficiaries in each earnings quintile)
Quintile Beneficiaries who start benefits at 62 Beneficiaries who start benefits at 63 or older
Lowest 21 13
Second lowest 22 17
Middle 22 20
Second highest 19 23
Highest 16 27
 
Return to projection
Median Benefit Amount (in 2012 dollars)
Sex Beneficiaries who start benefits at 62 Beneficiaries who start benefits at 63 or older
Scheduled benefits  
Women 1,333 1,801
Men 1,531 2,160
Payable benefits  
Women 1,042 1,408
Men 1,198 1,689
 
Return to projection
Median Death Age
Sex Beneficiaries who start benefits at 62 Beneficiaries who start benefits at 63 or older
Women 91 91
Men 89 90
 
Return to projection