Annual Scheduled Benefit Amounts for Retired Workers

Single-Year Tables

Table V.C7.- Annual Scheduled Benefit Amounts for Retired Workers
With Various Pre-Retirement Earnings Patterns
Based on Intermediate Assumptions, Calendar Years 1940-2095
Year attain age 65 ^b	Age at retirement	Benefits in 2018 dollars ^a with retirement at normal retirement age					National Average Wage Index in 2018 dollars ^h
Year attain age 65 ^b	Age at retirement	Scaled very low earnings ^c	Scaled low earnings ^d	Scaled medium earnings ^e	Scaled high earnings ^f	Steady maximum earnings ^g	National Average Wage Index in 2018 dollars ^h
1940	65:0	$2,080	$2,742	$4,734	$5,656	$8,569	$20,712
1941	65:0	1,983	2,722	4,599	5,527	8,249	21,085
1942	65:0	1,786	2,550	4,257	5,138	7,501	21,645
1943	65:0	1,684	2,643	4,142	5,035	7,142	24,053
1944	65:0	1,658	2,838	4,239	5,180	7,095	26,750
1945	65:0	1,681	3,011	4,307	5,322	7,003	27,308
1946	65:0	1,629	2,998	4,122	5,116	6,517	23,552
1947	65:0	1,550	2,756	3,704	4,637	5,743	23,648
1948	65:0	1,508	2,707	3,556	4,471	5,387	23,879
1949	65:0	1,646	2,798	3,703	4,704	5,486	25,338
1950	65:0	2,268	3,636	4,773	5,806	6,421	25,701
1951	65:0	3,389	4,961	6,341	7,318	7,688	26,180
1952	65:0	3,572	5,133	6,536	7,531	7,827	27,174
1953	65:0	4,073	5,586	7,318	9,093	9,256	28,490
1954	65:0	4,484	5,909	7,757	9,710	9,710	28,531
1955	65:0	5,136	6,507	8,520	10,718	10,718	29,938
1956	65:0	5,200	6,509	8,546	10,733	10,905	31,563
1957	65:0	5,208	6,369	8,496	10,654	10,737	31,470
1958	65:0	5,271	6,261	8,553	10,957	10,957	30,917
1959	65:0	5,607	6,708	9,211	11,614	11,614	32,171
1960	65:0	5,619	6,703	9,266	11,632	11,730	32,917
1961	65:0	5,557	6,630	9,359	11,699	11,699	33,203
1962	65:0	5,591	6,652	9,448	11,665	11,665	34,464
1963	65:0	5,519	6,566	9,515	11,609	11,609	34,852
1964	65:0	5,542	6,575	9,581	11,554	11,554	35,823
1965	65:0	5,845	7,029	10,293	12,180	12,180	35,904
1966	65:0	5,765	6,824	10,191	11,915	11,915	36,952
1967	65:0	5,610	6,737	10,102	11,788	11,876	37,964
1968	65:0	6,237	7,434	11,047	12,865	12,957	38,938
1969	65:0	5,972	7,220	10,878	12,580	12,763	39,055
1970	65:0	6,599	7,854	12,025	13,972	14,265	38,735
1971	65:0	6,957	8,383	13,021	15,038	15,347	38,993
1972	65:0	7,305	8,776	13,657	15,953	16,074	41,450
1973	65:0	7,740	11,161	14,850	17,365	17,470	41,461
1974	65:0	7,658	10,546	14,817	17,253	17,570	39,576
1975	65:0	7,538	9,752	14,915	17,404	17,939	38,967
1976	65:0	7,743	9,737	15,548	18,392	19,352	39,399
1977	65:0	7,836	9,941	16,041	19,196	20,545	39,218
1978	65:0	7,740	10,028	16,370	20,102	21,345	39,337
1979	65:0	7,659	10,003	16,366	20,286	21,372	38,393
1980	65:0	7,710	10,154	16,764	20,623	21,917	36,876
1981	65:0	7,968	10,578	17,615	21,540	23,137	36,814
1982	65:0	7,958	10,521	17,126	20,924	21,445	36,649
1983	65:0	7,512	10,163	16,469	19,798	20,887	37,302
1984	65:0	7,147	10,167	15,611	18,884	20,025	38,187
1985	65:0	6,958	10,146	15,261	18,507	19,716	38,451
1986	65:0	7,247	10,275	15,816	19,251	20,547	38,987
1987	65:0	7,220	10,075	15,750	19,257	20,643	40,035
1988	65:0	7,297	10,114	15,927	19,601	21,085	40,401
1989	65:0	7,444	10,038	16,211	20,030	21,592	40,072
1990	65:0	7,625	10,000	16,551	20,567	22,257	39,824
1991	65:0	7,604	10,101	16,500	20,639	22,394	39,705
1992	65:0	7,809	10,236	16,939	21,279	23,153	40,569
1993	65:0	7,820	10,262	16,943	21,392	23,338	39,795
1994	65:0	7,710	10,192	16,671	21,151	23,150	39,859
1995	65:0	7,771	10,184	16,798	21,411	23,530	40,316
1996	65:0	7,801	10,222	16,841	21,589	23,803	41,086
1997	65:0	8,036	10,516	17,358	22,337	24,724	42,539
1998	65:0	7,962	10,425	17,192	22,195	24,677	44,177
1999	65:0	7,904	10,352	17,084	22,143	24,718	45,619
2000	65:0	7,924	10,379	17,137	22,291	24,990	46,528
2001	65:0	8,198	10,739	17,733	23,170	26,050	46,367
2002	65:0	8,664	11,351	18,729	24,540	27,711	46,204
2003	65:2	8,814	11,526	19,037	25,026	28,420	46,299
2004	65:4	8,930	11,681	19,262	25,393	28,999	47,224
2005	65:6	9,174	12,010	19,783	26,136	30,002	47,286
2006	65:8	9,314	12,194	20,103	26,604	30,706	47,914
2007	65:10	9,103	11,924	19,645	26,011	30,215	48,699
2008	66:0	9,639	12,619	20,816	27,545	32,498	47,863
2009	66:0	9,485	12,418	20,477	27,124	32,154	47,461
2010	66:0	9,213	12,066	19,898	26,350	31,409	47,598
2011	66:0	9,541	12,476	20,576	27,273	32,623	47,404
2012	66:0	9,449	12,368	20,370	27,004	32,433	47,879
2013	66:0	9,664	12,642	20,830	27,630	33,333	47,836
2014	66:0	9,716	12,714	20,950	27,782	33,690	48,801
2015	66:0	9,511	12,444	20,514	27,193	33,071	50,708
2016	66:0	9,486	12,411	20,459	27,120	33,019	50,784
2017	66:0	9,619	12,589	20,742	27,498	33,523	51,137
2018	66:0	9,574	12,531	20,662	27,374	33,428	51,894
2019	66:0	9,926	12,989	21,406	28,369	34,659	52,757
2020	66:2	10,232	13,385	22,078	29,256	35,775	53,755
2021	66:4	10,156	13,297	21,930	29,039	35,555	54,761
2022	66:6	10,206	13,373	22,054	29,187	35,767	55,736
2023	66:8	10,319	13,508	22,289	29,490	36,156	56,701
2024	66:10	10,479	13,714	22,635	29,956	36,730	57,654
2025	67:0	10,682	13,987	23,082	30,526	37,605	58,590
2026	67:0	10,886	14,248	23,504	31,093	38,310	59,507
2027	67:0	11,073	14,495	23,916	31,648	38,991	60,306
2028	67:0	11,261	14,746	24,318	32,182	39,657	61,072
2029	67:0	11,450	14,993	24,728	32,720	40,325	61,837
2030	67:0	11,630	15,227	25,118	33,244	40,975	62,609
2031	67:0	11,819	15,464	25,505	33,769	41,616	63,395
2032	67:0	11,974	15,670	25,849	34,215	42,174	64,193
2033	67:0	12,130	15,872	26,174	34,655	42,716	65,003
2034	67:0	12,278	16,069	26,504	35,081	43,256	65,823
2035	67:0	12,432	16,275	26,838	35,523	43,793	66,642
2036	67:0	12,586	16,476	27,173	35,970	44,355	67,465
2037	67:0	12,744	16,683	27,510	36,420	44,895	68,287
2038	67:0	12,907	16,896	27,860	36,880	45,434	69,114
2039	67:0	13,067	17,102	28,208	37,345	45,997	69,945
2040	67:0	13,230	17,319	28,559	37,810	46,580	70,777
2041	67:0	13,395	17,533	28,912	38,278	47,161	71,610
2042	67:0	13,556	17,743	29,261	38,740	47,738	72,448
2043	67:0	13,724	17,962	29,620	39,215	48,322	73,295
2044	67:0	13,887	18,175	29,973	39,682	48,905	74,156
2045	67:0	14,049	18,389	30,329	40,152	49,484	75,026
2046	67:0	14,217	18,609	30,686	40,628	50,041	75,911
2047	67:0	14,384	18,827	31,044	41,103	50,598	76,815
2048	67:0	14,554	19,044	31,406	41,581	51,180	77,738
2049	67:0	14,727	19,273	31,781	42,075	51,792	78,678
2050	67:0	14,897	19,499	32,152	42,568	52,401	79,622
2051	67:0	15,073	19,725	32,534	43,068	53,024	80,577
2052	67:0	15,255	19,966	32,923	43,587	53,653	81,546
2053	67:0	15,437	20,205	33,318	44,107	54,240	82,528
2054	67:0	15,622	20,446	33,717	44,641	54,858	83,518
2055	67:0	15,810	20,694	34,124	45,178	55,507	84,516
2056	67:0	16,000	20,941	34,531	45,719	56,161	85,526
2057	67:0	16,195	21,196	34,950	46,267	56,810	86,548
2058	67:0	16,387	21,449	35,371	46,826	57,475	87,583
2059	67:0	16,583	21,708	35,792	47,384	58,155	88,633
2060	67:0	16,781	21,967	36,219	47,950	58,852	89,692
2061	67:0	16,985	22,230	36,652	48,525	59,526	90,754
2062	67:0	17,187	22,494	37,090	49,106	60,228	91,826
2063	67:0	17,393	22,764	37,537	49,695	60,949	92,897
2064	67:0	17,601	23,036	37,984	50,290	61,683	93,973
2065	67:0	17,812	23,309	38,438	50,887	62,417	95,051
2066	67:0	18,021	23,585	38,891	51,489	63,156	96,133
2067	67:0	18,234	23,865	39,349	52,096	63,903	97,218
2068	67:0	18,447	24,144	39,806	52,702	64,648	98,308
2069	67:0	18,662	24,422	40,267	53,315	65,397	99,409
2070	67:0	18,873	24,703	40,728	53,924	66,147	100,525
2071	67:0	19,087	24,983	41,192	54,537	66,903	101,652
2072	67:0	19,304	25,265	41,658	55,154	67,658	102,789
2073	67:0	19,522	25,550	42,124	55,772	68,421	103,939
2074	67:0	19,742	25,837	42,597	56,398	69,189	105,099
2075	67:0	19,962	26,125	43,074	57,031	69,967	106,266
2076	67:0	20,186	26,418	43,556	57,671	70,753	107,442
2077	67:0	20,411	26,714	44,044	58,314	71,546	108,625
2078	67:0	20,639	27,010	44,537	58,967	72,346	109,820
2079	67:0	20,869	27,312	45,032	59,625	73,157	111,028
2080	67:0	21,101	27,617	45,533	60,287	73,969	112,249
2081	67:0	21,334	27,922	46,036	60,954	74,791	113,487
2082	67:0	21,570	28,230	46,544	61,623	75,617	114,740
2083	67:0	21,808	28,541	47,057	62,304	76,451	116,008
2084	67:0	22,047	28,854	47,575	62,988	77,292	117,292
2085	67:0	22,290	29,171	48,098	63,682	78,145	118,593
2086	67:0	22,537	29,494	48,628	64,386	79,010	119,912
2087	67:0	22,785	29,820	49,166	65,095	79,883	121,252
2088	67:0	23,036	30,149	49,708	65,815	80,768	122,609
2089	67:0	23,292	30,483	50,260	66,543	81,665	123,983
2090	67:0	23,552	30,822	50,818	67,283	82,574	125,373
2091	67:0	23,812	31,165	51,383	68,031	83,494	126,777
2092	67:0	24,078	31,513	51,958	68,790	84,428	128,198
2093	67:0	24,348	31,867	52,539	69,562	85,376	129,638
2094	67:0	24,622	32,222	53,128	70,340	86,333	131,097
2095	67:0	24,897	32,584	53,724	71,129	87,303	132,573

		Benefits in 2018 dollars ^a with retirement at age 65
1940	65:0	$2,080	$2,742	$4,734	$5,656	$8,569	$20,712
1941	65:0	1,983	2,722	4,599	5,527	8,249	21,085
1942	65:0	1,786	2,550	4,257	5,138	7,501	21,645
1943	65:0	1,684	2,643	4,142	5,035	7,142	24,053
1944	65:0	1,658	2,838	4,239	5,180	7,095	26,750
1945	65:0	1,681	3,011	4,307	5,322	7,003	27,308
1946	65:0	1,629	2,998	4,122	5,116	6,517	23,552
1947	65:0	1,550	2,756	3,704	4,637	5,743	23,648
1948	65:0	1,508	2,707	3,556	4,471	5,387	23,879
1949	65:0	1,646	2,798	3,703	4,704	5,486	25,338
1950	65:0	2,268	3,636	4,773	5,806	6,421	25,701
1951	65:0	3,389	4,961	6,341	7,318	7,688	26,180
1952	65:0	3,572	5,133	6,536	7,531	7,827	27,174
1953	65:0	4,073	5,586	7,318	9,093	9,256	28,490
1954	65:0	4,484	5,909	7,757	9,710	9,710	28,531
1955	65:0	5,136	6,507	8,520	10,718	10,718	29,938
1956	65:0	5,200	6,509	8,546	10,733	10,905	31,563
1957	65:0	5,208	6,369	8,496	10,654	10,737	31,470
1958	65:0	5,271	6,261	8,553	10,957	10,957	30,917
1959	65:0	5,607	6,708	9,211	11,614	11,614	32,171
1960	65:0	5,619	6,703	9,266	11,632	11,730	32,917
1961	65:0	5,557	6,630	9,359	11,699	11,699	33,203
1962	65:0	5,591	6,652	9,448	11,665	11,665	34,464
1963	65:0	5,519	6,566	9,515	11,609	11,609	34,852
1964	65:0	5,542	6,575	9,581	11,554	11,554	35,823
1965	65:0	5,845	7,029	10,293	12,180	12,180	35,904
1966	65:0	5,765	6,824	10,191	11,915	11,915	36,952
1967	65:0	5,610	6,737	10,102	11,788	11,876	37,964
1968	65:0	6,237	7,434	11,047	12,865	12,957	38,938
1969	65:0	5,972	7,220	10,878	12,580	12,763	39,055
1970	65:0	6,599	7,854	12,025	13,972	14,265	38,735
1971	65:0	6,957	8,383	13,021	15,038	15,347	38,993
1972	65:0	7,305	8,776	13,657	15,953	16,074	41,450
1973	65:0	7,740	11,161	14,850	17,365	17,470	41,461
1974	65:0	7,658	10,546	14,817	17,253	17,570	39,576
1975	65:0	7,538	9,752	14,915	17,404	17,939	38,967
1976	65:0	7,743	9,737	15,548	18,392	19,352	39,399
1977	65:0	7,836	9,941	16,041	19,196	20,545	39,218
1978	65:0	7,740	10,028	16,370	20,102	21,345	39,337
1979	65:0	7,659	10,003	16,366	20,286	21,372	38,393
1980	65:0	7,710	10,154	16,764	20,623	21,917	36,876
1981	65:0	7,968	10,578	17,615	21,540	23,137	36,814
1982	65:0	7,958	10,521	17,126	20,924	21,445	36,649
1983	65:0	7,512	10,163	16,469	19,798	20,887	37,302
1984	65:0	7,147	10,167	15,611	18,884	20,025	38,187
1985	65:0	6,958	10,146	15,261	18,507	19,716	38,451
1986	65:0	7,247	10,275	15,816	19,251	20,547	38,987
1987	65:0	7,220	10,075	15,750	19,257	20,643	40,035
1988	65:0	7,297	10,114	15,927	19,601	21,085	40,401
1989	65:0	7,444	10,038	16,211	20,030	21,592	40,072
1990	65:0	7,625	10,000	16,551	20,567	22,257	39,824
1991	65:0	7,604	10,101	16,500	20,639	22,394	39,705
1992	65:0	7,809	10,236	16,939	21,279	23,153	40,569
1993	65:0	7,820	10,262	16,943	21,392	23,338	39,795
1994	65:0	7,710	10,192	16,671	21,151	23,150	39,859
1995	65:0	7,771	10,184	16,798	21,411	23,530	40,316
1996	65:0	7,801	10,222	16,841	21,589	23,803	41,086
1997	65:0	8,036	10,516	17,358	22,337	24,724	42,539
1998	65:0	7,962	10,425	17,192	22,195	24,677	44,177
1999	65:0	7,904	10,352	17,084	22,143	24,718	45,619
2000	65:0	7,924	10,379	17,137	22,291	24,990	46,528
2001	65:0	8,198	10,739	17,733	23,170	26,050	46,367
2002	65:0	8,664	11,351	18,729	24,540	27,711	46,204
2003	65:0	8,724	11,419	18,838	24,769	28,118	46,299
2004	65:0	8,747	11,455	18,880	24,888	28,423	47,224
2005	65:0	8,828	11,556	19,044	25,146	28,875	47,286
2006	65:0	8,876	11,620	19,153	25,343	29,252	47,914
2007	65:0	8,724	11,419	18,824	24,923	28,953	48,699
2008	65:0	8,489	11,114	18,318	24,253	28,344	47,863
2009	65:0	9,037	11,821	19,515	25,839	30,385	47,461
2010	65:0	8,881	11,623	19,175	25,397	30,030	47,598
2011	65:0	8,788	11,496	18,956	25,117	29,856	47,404
2012	65:0	8,789	11,501	18,952	25,132	29,987	47,879
2013	65:0	9,015	11,793	19,437	25,775	30,909	47,836
2014	65:0	8,895	11,633	19,177	25,422	30,672	48,801
2015	65:0	8,957	11,727	19,331	25,618	31,020	50,708
2016	65:0	8,998	11,780	19,412	25,727	31,217	50,784
2017	65:0	8,995	11,772	19,402	25,707	31,237	51,137
2018	65:0	8,946	11,699	19,298	25,563	31,130	51,894
2019	65:0	9,257	12,109	19,959	26,447	32,231	52,757
2020	65:0	9,434	12,349	20,354	26,974	32,886	53,755
2021	65:0	9,251	12,114	19,971	26,447	32,287	54,761
2022	65:0	9,190	12,025	19,835	26,255	32,066	55,736
2023	65:0	9,168	12,006	19,799	26,203	32,015	56,701
2024	65:0	9,194	12,042	19,854	26,282	32,123	57,654
2025	65:0	9,253	12,110	19,984	26,441	32,325	58,590
2026	65:0	9,429	12,341	20,350	26,937	32,936	59,507
2027	65:0	9,592	12,554	20,713	27,411	33,535	60,306
2028	65:0	9,750	12,776	21,064	27,880	34,119	61,072
2029	65:0	9,920	12,988	21,419	28,354	34,698	61,837
2030	65:0	10,076	13,190	21,761	28,811	35,252	62,609
2031	65:0	10,242	13,399	22,098	29,263	35,807	63,395
2032	65:0	10,370	13,580	22,395	29,648	36,294	64,193
2033	65:0	10,508	13,752	22,679	30,027	36,759	65,003
2034	65:0	10,641	13,923	22,959	30,399	37,224	65,823
2035	65:0	10,768	14,098	23,249	30,780	37,689	66,642
2036	65:0	10,912	14,280	23,539	31,168	38,168	67,465
2037	65:0	11,043	14,457	23,837	31,561	38,642	68,287
2038	65:0	11,188	14,639	24,141	31,957	39,103	69,114
2039	65:0	11,326	14,822	24,442	32,362	39,587	69,945
2040	65:0	11,463	15,008	24,746	32,766	40,089	70,777
2041	65:0	11,606	15,194	25,052	33,170	40,587	71,610
2042	65:0	11,747	15,381	25,360	33,572	41,093	72,448
2043	65:0	11,893	15,568	25,662	33,981	41,592	73,295
2044	65:0	12,036	15,748	25,975	34,387	42,100	74,156
2045	65:0	12,177	15,939	26,280	34,797	42,598	75,026
2046	65:0	12,320	16,127	26,588	35,206	43,073	75,911
2047	65:0	12,465	16,314	26,903	35,618	43,554	76,815
2048	65:0	12,612	16,502	27,219	36,036	44,061	77,738
2049	65:0	12,760	16,703	27,539	36,459	44,585	78,678
2050	65:0	12,908	16,894	27,863	36,890	45,112	79,622
2051	65:0	13,060	17,095	28,190	37,323	45,646	80,577
2052	65:0	13,217	17,301	28,527	37,770	46,189	81,546
2053	65:0	13,377	17,510	28,872	38,225	46,695	82,528
2054	65:0	13,540	17,720	29,215	38,685	47,227	83,518
2055	65:0	13,700	17,932	29,569	39,148	47,786	84,516
2056	65:0	13,865	18,145	29,923	39,617	48,345	85,526
2057	65:0	14,032	18,367	30,284	40,095	48,907	86,548
2058	65:0	14,202	18,587	30,650	40,579	49,474	87,583
2059	65:0	14,372	18,809	31,017	41,064	50,065	88,633
2060	65:0	14,544	19,033	31,385	41,555	50,664	89,692
2061	65:0	14,718	19,261	31,760	42,051	51,245	90,754
2062	65:0	14,894	19,493	32,142	42,557	51,849	91,826
2063	65:0	15,074	19,727	32,529	43,064	52,473	92,897
2064	65:0	15,254	19,963	32,917	43,581	53,102	93,973
2065	65:0	15,433	20,202	33,308	44,101	53,737	95,051
2066	65:0	15,617	20,442	33,703	44,623	54,373	96,133
2067	65:0	15,803	20,680	34,098	45,148	55,018	97,218
2068	65:0	15,987	20,923	34,498	45,675	55,661	98,308
2069	65:0	16,170	21,164	34,896	46,205	56,306	99,409
2070	65:0	16,356	21,407	35,297	46,733	56,951	100,525
2071	65:0	16,544	21,652	35,697	47,265	57,602	101,652
2072	65:0	16,730	21,895	36,101	47,798	58,255	102,789
2073	65:0	16,919	22,141	36,507	48,336	58,909	103,939
2074	65:0	17,108	22,389	36,914	48,878	59,572	105,099
2075	65:0	17,301	22,641	37,330	49,426	60,242	106,266
2076	65:0	17,493	22,895	37,748	49,979	60,921	107,442
2077	65:0	17,690	23,152	38,168	50,537	61,603	108,625
2078	65:0	17,887	23,409	38,594	51,104	62,292	109,820
2079	65:0	18,085	23,671	39,027	51,673	62,990	111,028
2080	65:0	18,289	23,934	39,460	52,245	63,690	112,249
2081	65:0	18,489	24,197	39,896	52,826	64,396	113,487
2082	65:0	18,694	24,464	40,335	53,406	65,109	114,740
2083	65:0	18,899	24,734	40,780	53,995	65,826	116,008
2084	65:0	19,108	25,005	41,228	54,589	66,554	117,292
2085	65:0	19,318	25,281	41,682	55,189	67,286	118,593
2086	65:0	19,530	25,561	42,143	55,797	68,031	119,912
2087	65:0	19,746	25,843	42,607	56,415	68,784	121,252
2088	65:0	19,964	26,128	43,078	57,038	69,546	122,609
2089	65:0	20,186	26,418	43,555	57,670	70,317	123,983
2090	65:0	20,410	26,711	44,040	58,310	71,099	125,373
2091	65:0	20,636	27,009	44,528	58,958	71,890	126,777
2092	65:0	20,868	27,310	45,027	59,616	72,695	128,198
2093	65:0	21,103	27,617	45,531	60,285	73,511	129,638
2094	65:0	21,338	27,925	46,040	60,959	74,336	131,097
2095	65:0	21,576	28,238	46,557	61,643	75,171	132,573

^a Annual amounts are the total for the 12-month period starting with the month of retirement, adjusted to be in 2018 dollars by using the CPI indexing series from table VI.G6.
^b Attains age 65 on January 1 of the year.
^c Career-average earnings at about 25 percent of the AWI.
^d Career-average earnings at about 45 percent of the AWI.
^e Career-average earnings at about 100 percent of the AWI. Such a worker would have career-average earnings at approximately the 56th percentile of all new retired-worker beneficiaries.
^f Career-average earnings at about 160 percent of the AWI.
^g Earnings for each year at or above the contribution and benefit base.
^h Average Wage Index from table VI.G6, adjusted to be in 2018 dollars by using the CPI indexing series from table VI.G6.
Note: Benefits shown at age 65 reflect adjustments for early retirement. For early retirement as early as age 62, the benefit amount is reduced 5/9 of one percent for each month before normal retirement age, up to 36 months. If the number of months exceeds 36, then the benefit is further reduced 5/12 of one percent per month. For example, if the number of reduction months is 60 (the maximum number for retirement at 62 when normal retirement age is 67), then the benefit is reduced by 30 percent. Delayed retirement credit is generally given for retirement after the normal retirement age. The delayed retirement credit is 2/3 of one percent per month for persons born in 1943 and later. No credit is given for delaying benefits after attaining age 70. See Table V.C3 for additional details, including adjustments applying to other birth years.

Annual Scheduled Benefit Amounts for Retired Workers — 2018 OASDI Trustees Report