Mind the Gap

45%: Difference in median income between retirees who claimed Social Security early and those who waited until age 66.

  • In the (Early) Penalty Box

    25%: Amount workers can see their monthly Social Security benefits reduced if they claim early in 2014.

  • Blue-collar Blues

    55%: How much more likely people in “blue-collar” jobs are to claim Social Security early than people in other types of work.

  • Closing In

    14%: Estimated income gap that the typical 55-year-old worker may face in retirement.

  • A Leg Up

    4 Percentage Points: Estimated increase in the last year in the amount of current income the median 55-year-old worker could replace in retirement.

  • Getting Closer

    69%: The amount of current income 55-year-olds with median retirement savings may be able to replace in retirement.

  • Going Up

    7.15%: Increased estimated cost of retirement income for a 55-year-old in the past year.

  • Mind the Gap

    26%: Estimated income gap in retirement faced by 64-year-old workers.

Older Jul 14, 2014 To Jul 22, 2014