# Average Social Security Benefit at 62

> Social Security checks at age 62 average $1,424.40 monthly, 30% less than full retirement age.
- Title: Average Social Security Benefit at 62 · The Motley Fool
- Summary: Social Security checks at age 62 average $1,424.40 monthly, 30% less than full retirement age. People age 62 receive Social Security benefits averaging…
- Keywords: social security, social security administration, full retirement age, social security benefit, age 62, monthly benefit, gender gap, cost of living adjustment, finance, money, Average, Social
- Source: The Motley Fool — https://fool.com/retirement/social-security/2026/10/23/heres-the-average-social-security-benefit-at-age-62
- Author: Kailey Hagen, CFP®
- Published: 2026-10-23T22:00:02+00:00
- Read time: 1 min
- Topics: social security, social security administration, full retirement age, social security benefit, age 62, monthly benefit, gender gap, cost of living adjustment, finance, money
## Average Benefit at 62
The typical Social Security benefit for people age 62 is $1,424.40 per month.
## Gender Gap in Benefits
Men receive $1,572.83 monthly versus women's $1,285.50, a $287.33 difference.
## Full Retirement Age
Full retirement age ranges from 66 to 67, with 67 for those born in 1960 or later.
## Trade-Off of Early Claiming
Claiming at 62 reduces monthly checks by 30% but increases lifetime benefits by $10,203.36 annually.
## Cost of Living Adjustment
A 3.6% cost-of-living adjustment will take effect in 2027, adding $51 monthly to benefits.
## When Early Claiming Makes Sense
Early claiming suits those with health issues, family obligations, or short life expectancies.
## Key takeaway

People age 62 receive Social Security benefits averaging $1,424.40 monthly, 30% below full retirement age.