Projected Profile of Beneficiaries by Race & Ethnicity

Projected Social Security Benefit Distribution in 2022
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual Social Security monthly benefit (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $766 $1,590 $2,535
Sex
Female $710 $1,403 $2,315
Male $883 $1,814 $2,731
Race/ethnicity
Hispanic or Latino, any race $564 $1,177 $2,124
White, non-Hispanic $832 $1,667 $2,602
Black or African American, non-Hispanic $660 $1,397 $2,251
All other races, non-Hispanic $619 $1,343 $2,424
Country of birth
United States $822 $1,637 $2,552
Other countries $510 $1,174 $2,362
Age
60–69 $694 $1,457 $2,450
70–79 $815 $1,681 $2,671
80–89 $828 $1,671 $2,403
90 or older $842 $1,601 $2,198
Marital status
Married $733 $1,519 $2,586
Divorced $834 $1,650 $2,522
Widowed $928 $1,729 $2,465
Never married $626 $1,362 $2,367
Highest education level
Graduate $893 $2,027 $3,024
Bachelor $830 $1,790 $2,788
Associate $836 $1,630 $2,460
High school $764 $1,485 $2,308
Less than high school $525 $1,160 $2,020
Current-law poverty status
Above poverty $819 $1,633 $2,558
In poverty $357 $811 $1,061
Current-law household income quintile
Highest $934 $1,949 $2,996
Second highest $881 $1,788 $2,626
Middle $829 $1,663 $2,439
Second lowest $767 $1,546 $2,279
Lowest $562 $1,202 $1,888
Current-law benefit type
Retired worker only $802 $1,682 $2,633
Widow(er) (includes dually entitled) $951 $1,729 $2,423
Spousal (includes dually entitled) $511 $954 $1,339
Disabled worker only $803 $1,464 $2,496
  Hispanic or Latino, any race
Subtotal $564 $1,177 $2,124
Sex
Female $491 $1,026 $1,934
Male $716 $1,383 $2,321
Country of birth
United States $715 $1,409 $2,213
Other countries $475 $1,012 $2,026
Marital status
Married $510 $1,089 $2,119
Divorced $730 $1,460 $2,222
Widowed $648 $1,269 $2,113
Never married $540 $1,102 $1,980
Current-law poverty status
Above poverty $617 $1,258 $2,167
In poverty $346 $749 $1,024
Current-law household income quintile
Highest $754 $1,628 $2,641
Second highest $715 $1,382 $2,434
Middle $704 $1,382 $2,176
Second lowest $647 $1,225 $2,114
Lowest $445 $963 $1,678
  White, non-Hispanic
Subtotal $832 $1,667 $2,602
Sex
Female $773 $1,463 $2,359
Male $969 $1,902 $2,810
Country of birth
United States $845 $1,681 $2,599
Other countries $606 $1,389 $2,646
Age
60–69 $775 $1,555 $2,536
70–79 $874 $1,760 $2,727
80–89 $845 $1,704 $2,435
90 or older $891 $1,613 $2,224
Marital status
Married $800 $1,599 $2,652
Divorced $861 $1,714 $2,574
Widowed $1,052 $1,791 $2,527
Never married $683 $1,521 $2,461
Highest education level
Graduate $905 $2,038 $3,034
Bachelor $889 $1,837 $2,827
Associate $875 $1,665 $2,508
High school $814 $1,558 $2,351
Less than high school $644 $1,378 $2,130
Current-law poverty status
Above poverty $873 $1,701 $2,621
In poverty $366 $836 $1,071
Current-law household income quintile
Highest $957 $1,985 $3,022
Second highest $913 $1,822 $2,649
Middle $854 $1,711 $2,467
Second lowest $815 $1,604 $2,327
Lowest $663 $1,309 $1,944
Current-law benefit type
Retired worker only $875 $1,773 $2,699
Widow(er) (includes dually entitled) $1,071 $1,783 $2,479
Spousal (includes dually entitled) $585 $983 $1,358
Disabled worker only $896 $1,559 $2,572
  Black or African American, non-Hispanic
Subtotal $660 $1,397 $2,251
Sex
Female $656 $1,349 $2,203
Male $672 $1,456 $2,325
Country of birth
United States $674 $1,417 $2,245
Other countries $529 $1,232 $2,312
Marital status
Married $669 $1,414 $2,327
Divorced $725 $1,437 $2,234
Widowed $788 $1,552 $2,268
Never married $490 $1,184 $2,001
Highest education level
Graduate $1,024 $1,918 $2,798
Bachelor $696 $1,696 $2,529
Associate $741 $1,505 $2,247
High school $653 $1,290 $2,038
Less than high school $547 $1,172 $1,910
Current-law poverty status
Above poverty $744 $1,476 $2,285
In poverty $382 $797 $1,059
Current-law household income quintile
Highest $947 $1,880 $2,776
Second highest $821 $1,761 $2,527
Middle $816 $1,601 $2,312
Second lowest $704 $1,436 $2,145
Lowest $530 $1,095 $1,776
Current-law benefit type
Retired worker only $670 $1,449 $2,312
Widow(er) (includes dually entitled) $826 $1,565 $2,196
Spousal (includes dually entitled) $413 $885 $1,313
Disabled worker only $627 $1,257 $2,176
  All other races, non-Hispanic
Subtotal $619 $1,343 $2,424
Sex
Female $552 $1,241 $2,291
Male $702 $1,497 $2,586
Country of birth
United States $784 $1,543 $2,451
Other countries $458 $1,152 $2,415
Highest education level
Graduate $893 $2,063 $3,032
Bachelor $614 $1,499 $2,600
Associate $744 $1,449 $2,316
High school $624 $1,211 $2,083
Less than high school $349 $955 $1,683
Current-law poverty status
Above poverty $652 $1,418 $2,457
In poverty $309 $764 $1,035
Current-law household income quintile
Highest $767 $1,696 $2,933
Second highest $825 $1,687 $2,586
Middle $775 $1,463 $2,471
Second lowest $649 $1,269 $2,123
Lowest $387 $968 $1,798
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Social Security Benefit Distribution in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual Social Security monthly benefit (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $815 $1,660 $2,731
Sex
Female $758 $1,495 $2,541
Male $914 $1,861 $2,907
Race/ethnicity
Hispanic or Latino, any race $606 $1,236 $2,260
White, non-Hispanic $900 $1,771 $2,800
Black or African American, non-Hispanic $719 $1,481 $2,454
All other races, non-Hispanic $664 $1,468 $2,791
Country of birth
United States $885 $1,733 $2,751
Other countries $584 $1,245 $2,592
Age
60–69 $720 $1,489 $2,609
70–79 $845 $1,699 $2,818
80–89 $909 $1,812 $2,748
90 or older $951 $1,750 $2,466
Marital status
Married $787 $1,584 $2,775
Divorced $876 $1,732 $2,666
Widowed $977 $1,857 $2,721
Never married $657 $1,418 $2,593
Highest education level
Graduate $1,026 $2,188 $3,260
Bachelor $936 $1,954 $3,018
Associate $892 $1,685 $2,611
High school $800 $1,521 $2,415
Less than high school $542 $1,143 $2,060
Current-law poverty status
Above poverty $873 $1,713 $2,755
In poverty $397 $840 $1,083
Current-law household income quintile
Highest $1,049 $2,144 $3,284
Second highest $941 $1,924 $2,823
Middle $896 $1,740 $2,582
Second lowest $812 $1,593 $2,393
Lowest $589 $1,202 $1,908
Current-law benefit type
Retired worker only $848 $1,747 $2,810
Widow(er) (includes dually entitled) $1,027 $1,861 $2,652
Spousal (includes dually entitled) $510 $1,002 $1,409
Disabled worker only $874 $1,558 $2,718
  Hispanic or Latino, any race
Subtotal $606 $1,236 $2,260
Sex
Female $522 $1,079 $2,052
Male $749 $1,428 $2,458
Country of birth
United States $750 $1,481 $2,442
Other countries $550 $1,077 $2,081
Marital status
Married $570 $1,172 $2,260
Divorced $754 $1,516 $2,419
Widowed $722 $1,282 $2,216
Never married $603 $1,121 $2,143
Current-law poverty status
Above poverty $619 $1,305 $2,296
In poverty $466 $840 $1,089
Current-law household income quintile
Highest $705 $1,653 $3,100
Second highest $673 $1,508 $2,529
Middle $709 $1,389 $2,363
Second lowest $675 $1,273 $2,133
Lowest $486 $1,004 $1,691
Current-law benefit type
Retired worker only $660 $1,307 $2,321
Widow(er) (includes dually entitled) $755 $1,353 $2,329
Spousal (includes dually entitled) $364 $710 $1,186
Disabled worker only $823 $1,403 $2,375
  White, non-Hispanic
Subtotal $900 $1,771 $2,800
Sex
Female $839 $1,571 $2,599
Male $1,030 $1,976 $2,979
Country of birth
United States $919 $1,789 $2,800
Other countries $665 $1,444 $2,831
Age
60–69 $810 $1,605 $2,708
70–79 $940 $1,817 $2,888
80–89 $948 $1,856 $2,795
90 or older $955 $1,781 $2,482
Marital status
Married $871 $1,696 $2,846
Divorced $931 $1,799 $2,723
Widowed $1,119 $1,947 $2,791
Never married $733 $1,569 $2,722
Highest education level
Graduate $1,040 $2,212 $3,272
Bachelor $1,002 $2,004 $3,050
Associate $937 $1,741 $2,643
High school $862 $1,602 $2,470
Less than high school $648 $1,307 $2,184
Current-law poverty status
Above poverty $952 $1,808 $2,818
In poverty $447 $870 $1,084
Current-law household income quintile
Highest $1,105 $2,194 $3,293
Second highest $1,001 $1,985 $2,847
Middle $937 $1,799 $2,612
Second lowest $868 $1,668 $2,440
Lowest $696 $1,306 $1,968
Current-law benefit type
Retired worker only $937 $1,858 $2,881
Widow(er) (includes dually entitled) $1,151 $1,924 $2,701
Spousal (includes dually entitled) $608 $1,055 $1,434
Disabled worker only $944 $1,654 $2,830
  Black or African American, non-Hispanic
Subtotal $719 $1,481 $2,454
Sex
Female $727 $1,454 $2,398
Male $700 $1,522 $2,528
Country of birth
United States $729 $1,491 $2,443
Other countries $638 $1,412 $2,610
Marital status
Married $727 $1,460 $2,462
Divorced $762 $1,558 $2,396
Widowed $888 $1,663 $2,475
Never married $508 $1,270 $2,369
Highest education level
Graduate $1,218 $2,080 $3,007
Bachelor $808 $1,870 $2,825
Associate $815 $1,564 $2,432
High school $667 $1,343 $2,140
Less than high school $490 $1,094 $1,910
Current-law poverty status
Above poverty $854 $1,564 $2,489
In poverty $363 $785 $1,072
Current-law household income quintile
Highest $959 $1,879 $3,209
Second highest $889 $1,740 $2,656
Middle $951 $1,680 $2,482
Second lowest $822 $1,582 $2,355
Lowest $500 $1,141 $1,798
Current-law benefit type
Retired worker only $740 $1,493 $2,490
Widow(er) (includes dually entitled) $858 $1,680 $2,475
Spousal (includes dually entitled) $348 $880 $1,339
Disabled worker only $775 $1,517 $2,260
  All other races, non-Hispanic
Subtotal $664 $1,468 $2,791
Sex
Female $612 $1,358 $2,614
Male $746 $1,631 $3,003
Country of birth
United States $819 $1,658 $2,689
Other countries $561 $1,330 $2,836
Marital status
Married $621 $1,379 $2,862
Divorced $771 $1,627 $2,568
Widowed $744 $1,715 $2,785
Never married $618 $1,416 $2,546
Highest education level
Graduate $931 $2,256 $3,357
Bachelor $675 $1,727 $2,968
Associate $747 $1,459 $2,457
High school $654 $1,305 $2,314
Less than high school $398 $961 $2,031
Current-law poverty status
Above poverty $724 $1,550 $2,825
In poverty $333 $750 $1,034
Current-law household income quintile
Highest $882 $2,148 $3,375
Second highest $784 $1,816 $2,927
Middle $798 $1,649 $2,689
Second lowest $638 $1,407 $2,294
Lowest $462 $1,033 $1,807
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Social Security Benefit Distribution in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual Social Security monthly benefit (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $958 $1,987 $3,519
Sex
Female $898 $1,831 $3,350
Male $1,055 $2,181 $3,673
Race/ethnicity
Hispanic or Latino, any race $736 $1,581 $2,898
White, non-Hispanic $1,084 $2,157 $3,601
Black or African American, non-Hispanic $866 $1,801 $3,309
All other races, non-Hispanic $861 $2,049 $4,046
Country of birth
United States $1,063 $2,081 $3,526
Other countries $694 $1,636 $3,483
Age
60–69 $788 $1,817 $3,408
70–79 $976 $2,008 $3,701
80–89 $1,044 $2,093 $3,514
90 or older $1,100 $2,103 $3,177
Marital status
Married $918 $1,937 $3,558
Divorced $1,037 $2,069 $3,532
Widowed $1,100 $2,152 $3,449
Never married $825 $1,785 $3,419
Highest education level
Graduate $1,341 $2,811 $4,172
Bachelor $1,212 $2,488 $3,873
Associate $1,062 $1,978 $3,194
High school $871 $1,700 $2,864
Less than high school $591 $1,333 $2,392
Current-law poverty status
Above poverty $1,060 $2,038 $3,547
In poverty $382 $843 $1,077
Current-law household income quintile
Highest $1,413 $2,910 $4,268
Second highest $1,226 $2,412 $3,621
Middle $1,112 $2,119 $3,234
Second lowest $945 $1,844 $2,798
Lowest $598 $1,303 $2,004
Current-law benefit type
Retired worker only $1,014 $2,091 $3,628
Widow(er) (includes dually entitled) $1,142 $2,125 $3,324
Spousal (includes dually entitled) $548 $1,180 $1,777
Disabled worker only $1,106 $2,013 $3,533
  Hispanic or Latino, any race
Subtotal $736 $1,581 $2,898
Sex
Female $659 $1,432 $2,605
Male $866 $1,789 $3,106
Country of birth
United States $944 $1,815 $3,070
Other countries $635 $1,420 $2,703
Age
60–69 $637 $1,522 $2,842
70–79 $765 $1,613 $2,947
80–89 $842 $1,630 $2,913
90 or older $843 $1,745 $2,783
Marital status
Married $673 $1,535 $2,868
Divorced $878 $1,763 $3,182
Widowed $895 $1,647 $2,759
Never married $679 $1,497 $3,060
Highest education level
Graduate $1,124 $2,341 $3,800
Bachelor $870 $2,026 $3,587
Associate $893 $1,797 $2,994
High school $821 $1,580 $2,748
Less than high school $583 $1,320 $2,332
Current-law poverty status
Above poverty $806 $1,644 $2,936
In poverty $362 $841 $1,069
Current-law household income quintile
Highest $984 $2,115 $3,866
Second highest $1,021 $1,978 $3,421
Middle $934 $1,833 $2,963
Second lowest $796 $1,635 $2,666
Lowest $516 $1,185 $1,916
Current-law benefit type
Retired worker only $848 $1,662 $2,977
Widow(er) (includes dually entitled) $930 $1,685 $2,777
Spousal (includes dually entitled) $404 $850 $1,548
Disabled worker only $1,034 $1,899 $3,187
  White, non-Hispanic
Subtotal $1,084 $2,157 $3,601
Sex
Female $1,010 $1,990 $3,451
Male $1,199 $2,335 $3,760
Country of birth
United States $1,109 $2,178 $3,597
Other countries $826 $1,847 $3,677
Age
60–69 $942 $2,005 $3,560
70–79 $1,118 $2,216 $3,812
80–89 $1,144 $2,229 $3,568
90 or older $1,172 $2,167 $3,216
Marital status
Married $1,044 $2,077 $3,619
Divorced $1,127 $2,192 $3,599
Widowed $1,292 $2,333 $3,519
Never married $925 $2,019 $3,666
Highest education level
Graduate $1,404 $2,823 $4,129
Bachelor $1,295 $2,573 $3,897
Associate $1,149 $2,052 $3,225
High school $965 $1,809 $2,918
Less than high school $644 $1,395 $2,589
Current-law poverty status
Above poverty $1,164 $2,195 $3,618
In poverty $417 $869 $1,086
Current-law household income quintile
Highest $1,530 $2,974 $4,250
Second highest $1,302 $2,486 $3,636
Middle $1,181 $2,207 $3,251
Second lowest $1,038 $1,927 $2,846
Lowest $697 $1,382 $2,061
Current-law benefit type
Retired worker only $1,133 $2,263 $3,706
Widow(er) (includes dually entitled) $1,292 $2,280 $3,388
Spousal (includes dually entitled) $674 $1,278 $1,805
Disabled worker only $1,148 $2,123 $3,652
  Black or African American, non-Hispanic
Subtotal $866 $1,801 $3,309
Sex
Female $905 $1,746 $3,212
Male $847 $1,873 $3,401
Country of birth
United States $897 $1,825 $3,271
Other countries $733 $1,679 $3,411
Age
60–69 $712 $1,620 $3,180
70–79 $917 $1,849 $3,504
80–89 $989 $1,903 $3,228
90 or older $963 $1,816 $2,751
Marital status
Married $870 $1,902 $3,487
Divorced $897 $1,838 $3,360
Widowed $1,030 $1,942 $3,438
Never married $786 $1,601 $3,038
Highest education level
Graduate $1,306 $2,762 $4,105
Bachelor $1,220 $2,446 $3,754
Associate $1,048 $1,824 $2,957
High school $728 $1,563 $2,651
Less than high school $580 $1,288 $2,388
Current-law poverty status
Above poverty $1,095 $1,893 $3,349
In poverty $349 $806 $1,072
Current-law household income quintile
Highest $1,340 $2,786 $4,257
Second highest $1,178 $2,384 $3,556
Middle $1,148 $2,176 $3,411
Second lowest $1,064 $1,877 $2,858
Lowest $607 $1,312 $1,978
Current-law benefit type
Retired worker only $885 $1,842 $3,346
Widow(er) (includes dually entitled) $1,009 $1,823 $3,178
Spousal (includes dually entitled) $439 $1,106 $1,775
Disabled worker only $1,106 $1,774 $3,271
  All other races, non-Hispanic
Subtotal $861 $2,049 $4,046
Sex
Female $797 $1,814 $3,697
Male $972 $2,415 $4,273
Country of birth
United States $1,001 $2,048 $3,680
Other countries $801 $2,054 $4,139
Age
60–69 $653 $1,743 $3,887
70–79 $867 $2,176 $4,241
80–89 $968 $2,051 $3,821
90 or older $1,023 $2,201 $3,394
Marital status
Married $817 $2,055 $4,125
Divorced $947 $2,016 $3,684
Widowed $961 $2,169 $3,931
Never married $893 $1,910 $3,929
Highest education level
Graduate $1,320 $3,056 $4,486
Bachelor $1,045 $2,230 $3,951
Associate $823 $1,805 $3,521
High school $689 $1,485 $3,020
Less than high school $448 $1,175 $2,226
Current-law poverty status
Above poverty $954 $2,119 $4,072
In poverty $401 $797 $1,066
Current-law household income quintile
Highest $1,421 $3,264 $4,494
Second highest $1,267 $2,552 $3,887
Middle $1,029 $2,100 $3,393
Second lowest $790 $1,707 $2,667
Lowest $513 $1,209 $1,863
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Social Security Benefit Distribution in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual Social Security monthly benefit (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $1,176 $2,469 $4,501
Sex
Female $1,098 $2,285 $4,345
Male $1,284 $2,690 $4,655
Race/ethnicity
Hispanic or Latino, any race $946 $2,010 $3,721
White, non-Hispanic $1,354 $2,734 $4,625
Black or African American, non-Hispanic $1,125 $2,245 $4,191
All other races, non-Hispanic $1,089 $2,658 $5,181
Country of birth
United States $1,318 $2,589 $4,506
Other countries $824 $2,021 $4,471
Age
60–69 $1,031 $2,286 $4,270
70–79 $1,193 $2,498 $4,690
80–89 $1,252 $2,572 $4,514
90 or older $1,376 $2,644 $4,312
Marital status
Married $1,119 $2,400 $4,505
Divorced $1,326 $2,620 $4,566
Widowed $1,295 $2,678 $4,451
Never married $1,074 $2,276 $4,465
Highest education level
Graduate $1,659 $3,450 $5,254
Bachelor $1,497 $3,219 $4,987
Associate $1,288 $2,390 $3,960
High school $1,059 $2,077 $3,589
Less than high school $718 $1,675 $3,111
Current-law poverty status
Above poverty $1,278 $2,513 $4,524
In poverty $388 $772 $1,066
Current-law household income quintile
Highest $1,817 $3,839 $5,496
Second highest $1,563 $3,059 $4,567
Middle $1,394 $2,666 $4,060
Second lowest $1,190 $2,276 $3,419
Lowest $700 $1,561 $2,349
Current-law benefit type
Retired worker only $1,257 $2,590 $4,634
Widow(er) (includes dually entitled) $1,375 $2,567 $4,246
Spousal (includes dually entitled) $630 $1,405 $2,276
Disabled worker only $1,469 $2,583 $4,296
  Hispanic or Latino, any race
Subtotal $946 $2,010 $3,721
Sex
Female $836 $1,828 $3,444
Male $1,115 $2,245 $3,898
Country of birth
United States $1,164 $2,210 $3,863
Other countries $748 $1,739 $3,392
Age
60–69 $896 $2,004 $3,715
70–79 $920 $2,026 $3,758
80–89 $986 $2,009 $3,766
90 or older $1,130 $2,004 $3,460
Marital status
Married $866 $1,967 $3,657
Divorced $1,166 $2,255 $3,900
Widowed $1,074 $2,004 $3,728
Never married $959 $1,947 $3,670
Highest education level
Graduate $1,407 $2,866 $4,678
Bachelor $1,068 $2,703 $4,659
Associate $1,194 $2,246 $3,678
High school $986 $1,972 $3,467
Less than high school $718 $1,671 $3,092
Current-law poverty status
Above poverty $1,050 $2,057 $3,752
In poverty $421 $806 $1,068
Current-law household income quintile
Highest $1,239 $2,811 $5,100
Second highest $1,318 $2,532 $4,161
Middle $1,214 $2,329 $3,770
Second lowest $1,029 $2,058 $3,318
Lowest $656 $1,475 $2,308
Current-law benefit type
Retired worker only $1,062 $2,093 $3,803
Widow(er) (includes dually entitled) $1,158 $2,095 $3,718
Spousal (includes dually entitled) $536 $1,105 $1,962
Disabled worker only $1,390 $2,559 $3,933
  White, non-Hispanic
Subtotal $1,354 $2,734 $4,625
Sex
Female $1,277 $2,540 $4,493
Male $1,467 $2,916 $4,774
Country of birth
United States $1,399 $2,770 $4,628
Other countries $918 $2,229 $4,575
Age
60–69 $1,199 $2,544 $4,529
70–79 $1,392 $2,802 $4,831
80–89 $1,396 $2,775 $4,569
90 or older $1,492 $2,791 $4,368
Marital status
Married $1,311 $2,637 $4,613
Divorced $1,450 $2,814 $4,690
Widowed $1,552 $2,959 $4,569
Never married $1,193 $2,592 $4,614
Highest education level
Graduate $1,813 $3,523 $5,236
Bachelor $1,637 $3,322 $5,027
Associate $1,371 $2,504 $4,038
High school $1,162 $2,211 $3,681
Less than high school $790 $1,784 $3,258
Current-law poverty status
Above poverty $1,433 $2,766 $4,641
In poverty $370 $759 $1,057
Current-law household income quintile
Highest $2,046 $3,944 $5,483
Second highest $1,714 $3,192 $4,593
Middle $1,501 $2,794 $4,129
Second lowest $1,302 $2,380 $3,437
Lowest $751 $1,628 $2,393
Current-law benefit type
Retired worker only $1,419 $2,863 $4,735
Widow(er) (includes dually entitled) $1,565 $2,786 $4,422
Spousal (includes dually entitled) $740 $1,544 $2,351
Disabled worker only $1,555 $2,728 $4,600
  Black or African American, non-Hispanic
Subtotal $1,125 $2,245 $4,191
Sex
Female $1,168 $2,177 $4,102
Male $1,089 $2,324 $4,317
Country of birth
United States $1,175 $2,269 $4,179
Other countries $815 $1,990 $4,250
Age
60–69 $949 $2,080 $4,069
70–79 $1,166 $2,246 $4,271
80–89 $1,276 $2,420 $4,224
90 or older $1,307 $2,499 $3,943
Marital status
Married $1,094 $2,251 $4,250
Divorced $1,250 $2,330 $4,317
Widowed $1,332 $2,463 $4,245
Never married $1,014 $2,104 $3,935
Highest education level
Graduate $1,592 $3,546 $5,095
Bachelor $1,552 $3,050 $4,509
Associate $1,186 $2,223 $3,777
High school $925 $1,880 $3,276
Less than high school $760 $1,625 $3,099
Current-law poverty status
Above poverty $1,285 $2,302 $4,216
In poverty $373 $745 $1,053
Current-law household income quintile
Highest $1,502 $3,521 $5,324
Second highest $1,487 $3,042 $4,598
Middle $1,404 $2,687 $4,252
Second lowest $1,343 $2,359 $3,533
Lowest $758 $1,618 $2,353
Current-law benefit type
Retired worker only $1,139 $2,261 $4,237
Widow(er) (includes dually entitled) $1,304 $2,300 $4,116
Spousal (includes dually entitled) $720 $1,415 $2,202
Disabled worker only $1,489 $2,378 $4,097
  All other races, non-Hispanic
Subtotal $1,089 $2,658 $5,181
Sex
Female $1,055 $2,423 $5,022
Male $1,138 $2,973 $5,339
Country of birth
United States $1,364 $2,836 $5,135
Other countries $974 $2,541 $5,217
Age
60–69 $959 $2,475 $4,959
70–79 $1,097 $2,663 $5,414
80–89 $1,130 $2,752 $5,002
90 or older $1,336 $2,862 $5,085
Marital status
Married $1,010 $2,622 $5,188
Divorced $1,122 $2,493 $4,976
Widowed $1,130 $2,792 $4,821
Never married $1,221 $2,716 $5,384
Highest education level
Graduate $1,371 $3,671 $5,526
Bachelor $1,246 $3,016 $5,213
Associate $1,174 $2,141 $4,217
High school $880 $1,999 $4,044
Less than high school $507 $1,222 $2,510
Current-law poverty status
Above poverty $1,198 $2,724 $5,210
In poverty $465 $759 $1,079
Current-law household income quintile
Highest $1,910 $4,341 $5,726
Second highest $1,478 $3,092 $4,952
Middle $1,322 $2,573 $4,136
Second lowest $992 $2,231 $3,444
Lowest $609 $1,415 $2,186
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Poverty Rates and Numbers in 2022
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Poverty rate Number of population in poverty
(in thousands)
Official Supplemental Official Supplemental
  All beneficiaries
Total 5.0% 10.0% 2,803 6,196
Sex
Female 5.0% 11.0% 1,682 3,559
Male 4.0% 10.0% 1,121 2,636
Race/ethnicity
Hispanic or Latino, any race 9.0% 20.0% 452 1,007
White, non-Hispanic 3.0% 8.0% 1,577 3,826
Black or African American, non-Hispanic 10.0% 16.0% 558 930
All other races, non-Hispanic 7.0% 14.0% 215 433
Country of birth
United States 4.0% 9.0% 2,170 4,688
Other countries 8.0% 20.0% 633 1,508
Age
60–69 7.0% 12.0% 1,568 2,965
70–79 4.0% 9.0% 928 2,146
80–89 3.0% 9.0% 250 846
90 or older 3.0% 13.0% 56 238
Marital status
Married 1.0% 6.0% 445 1,964
Divorced 10.0% 17.0% 986 1,786
Widowed 6.0% 13.0% 687 1,458
Never married 18.0% 26.0% 685 988
Highest education level
Graduate 1.0% 3.0% 76 245
Bachelor 2.0% 7.0% 244 674
Associate 4.0% 9.0% 543 1,152
High school 6.0% 12.0% 1,317 2,884
Less than high school 11.0% 22.0% 622 1,241
Current-law poverty status
Above poverty .0% 7.0% 0 3,777
In poverty 100.0% 86.0% 2,803 2,419
Current-law benefit type
Retired worker only 4.0% 10.0% 1,824 3,956
Widow(er) (includes dually entitled) 5.0% 13.0% 568 1,355
Spousal (includes dually entitled) 2.0% 6.0% 116 358
Disabled worker only 11.0% 20.0% 294 526
  Hispanic or Latino, any race
Subtotal 9.0% 20.0% 452 1,007
Sex
Female 11.0% 20.0% 283 530
Male 7.0% 20.0% 169 477
Country of birth
United States 6.0% 15.0% 150 356
Other countries 11.0% 24.0% 303 652
Marital status
Married 4.0% 16.0% 120 488
Divorced 14.0% 22.0% 102 161
Widowed 17.0% 27.0% 167 261
Never married 19.0% 30.0% 63 97
Current-law poverty status
Above poverty .0% 13.0% 0 623
In poverty 100.0% 85.0% 452 384
  White, non-Hispanic
Subtotal 3.0% 8.0% 1,577 3,826
Sex
Female 4.0% 9.0% 938 2,262
Male 3.0% 7.0% 640 1,564
Country of birth
United States 3.0% 8.0% 1,424 3,410
Other countries 6.0% 17.0% 154 416
Age
60–69 5.0% 10.0% 847 1,745
70–79 3.0% 7.0% 518 1,298
80–89 2.0% 7.0% 162 594
90 or older 3.0% 12.0% 50 188
Marital status
Married 1.0% 4.0% 241 1,091
Divorced 8.0% 16.0% 640 1,278
Widowed 4.0% 10.0% 331 898
Never married 15.0% 23.0% 365 559
Highest education level
Graduate 1.0% 3.0% 54 182
Bachelor 2.0% 5.0% 159 453
Associate 3.0% 7.0% 339 786
High school 4.0% 10.0% 783 1,883
Less than high school 9.0% 19.0% 242 522
Current-law poverty status
Above poverty .0% 5.0% 0 2,432
In poverty 100.0% 88.0% 1,577 1,393
Current-law benefit type
Retired worker only 3.0% 8.0% 1,051 2,416
Widow(er) (includes dually entitled) 4.0% 11.0% 300 912
Spousal (includes dually entitled) 1.0% 5.0% 69 215
Disabled worker only 9.0% 17.0% 157 282
  Black or African American, non-Hispanic
Subtotal 10.0% 16.0% 558 930
Sex
Female 10.0% 16.0% 332 522
Male 9.0% 16.0% 227 408
Country of birth
United States 10.0% 15.0% 503 768
Other countries 8.0% 23.0% 56 162
Marital status
Married 1.0% 7.0% 37 187
Divorced 14.0% 20.0% 180 252
Widowed 10.0% 18.0% 120 202
Never married 26.0% 34.0% 220 289
Current-law poverty status
Above poverty .0% 9.0% 0 475
In poverty 100.0% 81.0% 558 454
  All other races, non-Hispanic
Subtotal 7.0% 14.0% 215 433
Sex
Female 8.0% 14.0% 130 245
Male 6.0% 14.0% 85 188
Country of birth
United States 6.0% 11.0% 94 154
Other countries 8.0% 17.0% 121 278
Current-law poverty status
Above poverty .0% 9.0% 0 246
In poverty 100.0% 87.0% 215 187
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Poverty Rates and Numbers in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Poverty rate Number of population in poverty
(in thousands)
Official Supplemental Official Supplemental
  All beneficiaries
Total 5.0% 14.0% 3,237 9,945
Sex
Female 5.0% 14.0% 1,787 5,480
Male 4.0% 14.0% 1,450 4,464
Race/ethnicity
Hispanic or Latino, any race 7.0% 23.0% 570 1,834
White, non-Hispanic 3.0% 11.0% 1,804 5,966
Black or African American, non-Hispanic 9.0% 19.0% 636 1,408
All other races, non-Hispanic 6.0% 18.0% 228 737
Country of birth
United States 4.0% 12.0% 2,472 7,343
Other countries 7.0% 23.0% 765 2,602
Age
60–69 6.0% 16.0% 1,486 3,812
70–79 4.0% 13.0% 1,318 4,082
80–89 3.0% 11.0% 381 1,677
90 or older 2.0% 14.0% 53 373
Marital status
Married 1.0% 9.0% 469 3,494
Divorced 9.0% 21.0% 1,207 2,794
Widowed 6.0% 17.0% 740 2,106
Never married 16.0% 31.0% 821 1,550
Highest education level
Graduate 1.0% 5.0% 97 404
Bachelor 2.0% 8.0% 263 1,137
Associate 4.0% 12.0% 626 1,902
High school 6.0% 17.0% 1,534 4,653
Less than high school 12.0% 31.0% 717 1,848
Current-law poverty status
Above poverty .0% 10.0% 0 6,953
In poverty 100.0% 92.0% 3,237 2,991
Current-law benefit type
Retired worker only 4.0% 13.0% 2,252 6,707
Widow(er) (includes dually entitled) 5.0% 17.0% 577 2,009
Spousal (includes dually entitled) 2.0% 9.0% 145 611
Disabled worker only 10.0% 23.0% 263 618
  Hispanic or Latino, any race
Subtotal 7.0% 23.0% 570 1,834
Sex
Female 7.0% 23.0% 285 923
Male 7.0% 24.0% 285 911
Country of birth
United States 6.0% 18.0% 215 622
Other countries 8.0% 27.0% 354 1,212
Marital status
Married 3.0% 20.0% 161 989
Divorced 10.0% 23.0% 109 245
Widowed 16.0% 31.0% 222 432
Never married 15.0% 33.0% 78 168
Current-law poverty status
Above poverty .0% 18.0% 0 1,298
In poverty 100.0% 94.0% 570 536
  White, non-Hispanic
Subtotal 3.0% 11.0% 1,804 5,966
Sex
Female 4.0% 12.0% 1,064 3,404
Male 3.0% 11.0% 740 2,563
Country of birth
United States 3.0% 11.0% 1,623 5,289
Other countries 5.0% 20.0% 181 678
Age
60–69 5.0% 14.0% 823 2,207
70–79 3.0% 10.0% 708 2,333
80–89 2.0% 9.0% 236 1,130
90 or older 2.0% 13.0% 36 297
Marital status
Married 1.0% 6.0% 217 1,791
Divorced 8.0% 20.0% 796 1,986
Widowed 4.0% 14.0% 342 1,281
Never married 14.0% 29.0% 448 908
Highest education level
Graduate 1.0% 4.0% 67 258
Bachelor 2.0% 7.0% 184 794
Associate 3.0% 10.0% 388 1,271
High school 5.0% 15.0% 897 2,933
Less than high school 11.0% 30.0% 268 711
Current-law poverty status
Above poverty .0% 8.0% 0 4,255
In poverty 100.0% 95.0% 1,804 1,712
Current-law benefit type
Retired worker only 3.0% 11.0% 1,271 3,988
Widow(er) (includes dually entitled) 3.0% 15.0% 300 1,318
Spousal (includes dually entitled) 2.0% 7.0% 95 342
Disabled worker only 9.0% 21.0% 139 319
  Black or African American, non-Hispanic
Subtotal 9.0% 19.0% 636 1,408
Sex
Female 8.0% 20.0% 320 785
Male 10.0% 19.0% 316 623
Country of birth
United States 9.0% 19.0% 540 1,167
Other countries 10.0% 24.0% 96 241
Marital status
Married 2.0% 11.0% 56 345
Divorced 13.0% 25.0% 226 425
Widowed 8.0% 19.0% 107 242
Never married 21.0% 34.0% 247 395
Current-law poverty status
Above poverty .0% 13.0% 0 867
In poverty 100.0% 85.0% 636 541
Current-law benefit type
Retired worker only 9.0% 19.0% 463 984
Widow(er) (includes dually entitled) 7.0% 20.0% 90 244
Spousal (includes dually entitled) 8.0% 18.0% 29 64
Disabled worker only 10.0% 21.0% 54 116
  All other races, non-Hispanic
Subtotal 6.0% 18.0% 228 737
Sex
Female 5.0% 16.0% 118 369
Male 6.0% 20.0% 110 368
Country of birth
United States 5.0% 15.0% 94 265
Other countries 6.0% 20.0% 134 472
Marital status
Married 1.0% 15.0% 35 369
Divorced 12.0% 23.0% 75 138
Widowed 9.0% 20.0% 69 152
Never married 20.0% 32.0% 48 78
Current-law poverty status
Above poverty .0% 14.0% 0 533
In poverty 100.0% 89.0% 228 204
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Poverty Rates and Numbers in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Poverty rate Number of population in poverty
(in thousands)
Official Supplemental Official Supplemental
  All beneficiaries
Total 4.0% 23.0% 3,309 18,815
Sex
Female 4.0% 24.0% 1,862 10,465
Male 4.0% 21.0% 1,447 8,350
Race/ethnicity
Hispanic or Latino, any race 6.0% 31.0% 897 4,889
White, non-Hispanic 3.0% 19.0% 1,472 9,835
Black or African American, non-Hispanic 8.0% 30.0% 679 2,601
All other races, non-Hispanic 4.0% 23.0% 261 1,490
Country of birth
United States 4.0% 20.0% 2,260 13,103
Other countries 6.0% 30.0% 1,048 5,712
Age
60–69 5.0% 24.0% 1,277 5,733
70–79 4.0% 22.0% 1,105 6,797
80–89 3.0% 22.0% 734 4,722
90 or older 3.0% 20.0% 193 1,563
Marital status
Married 1.0% 17.0% 457 7,157
Divorced 6.0% 30.0% 948 4,497
Widowed 5.0% 25.0% 750 3,844
Never married 12.0% 33.0% 1,154 3,317
Highest education level
Graduate 1.0% 8.0% 91 934
Bachelor 2.0% 12.0% 280 2,261
Associate 3.0% 21.0% 555 4,025
High school 6.0% 31.0% 1,549 8,300
Less than high school 11.0% 42.0% 834 3,295
Current-law poverty status
Above poverty .0% 19.0% 0 15,643
In poverty 100.0% 96.0% 3,309 3,172
Current-law benefit type
Retired worker only 4.0% 21.0% 2,500 12,808
Widow(er) (includes dually entitled) 4.0% 27.0% 498 3,420
Spousal (includes dually entitled) 1.0% 23.0% 99 1,570
Disabled worker only 6.0% 30.0% 212 1,017
  Hispanic or Latino, any race
Subtotal 6.0% 31.0% 897 4,889
Sex
Female 7.0% 32.0% 526 2,517
Male 5.0% 30.0% 371 2,372
Country of birth
United States 4.0% 25.0% 279 1,694
Other countries 7.0% 36.0% 618 3,195
Age
60–69 7.0% 31.0% 380 1,699
70–79 5.0% 28.0% 298 1,853
80–89 6.0% 36.0% 172 1,118
90 or older 8.0% 35.0% 47 219
Marital status
Married 2.0% 28.0% 158 2,415
Divorced 8.0% 34.0% 168 702
Widowed 10.0% 36.0% 302 1,093
Never married 14.0% 36.0% 268 679
Current-law poverty status
Above poverty .0% 27.0% 0 4,025
In poverty 100.0% 96.0% 897 865
Current-law benefit type
Retired worker only 6.0% 30.0% 667 3,320
Widow(er) (includes dually entitled) 7.0% 36.0% 149 790
Spousal (includes dually entitled) 1.0% 32.0% 21 508
Disabled worker only 7.0% 33.0% 61 271
  White, non-Hispanic
Subtotal 3.0% 19.0% 1,472 9,835
Sex
Female 3.0% 20.0% 840 5,574
Male 3.0% 17.0% 632 4,261
Country of birth
United States 3.0% 18.0% 1,286 8,750
Other countries 4.0% 25.0% 186 1,084
Age
60–69 4.0% 20.0% 546 2,835
70–79 3.0% 19.0% 458 3,338
80–89 3.0% 18.0% 373 2,628
90 or older 2.0% 17.0% 95 1,033
Marital status
Married 1.0% 13.0% 218 3,592
Divorced 5.0% 27.0% 513 2,765
Widowed 3.0% 21.0% 265 2,045
Never married 10.0% 30.0% 476 1,433
Highest education level
Graduate 1.0% 7.0% 52 565
Bachelor 1.0% 10.0% 149 1,376
Associate 2.0% 19.0% 300 2,463
High school 5.0% 29.0% 711 4,416
Less than high school 12.0% 45.0% 260 1,015
Current-law poverty status
Above poverty .0% 16.0% 0 8,412
In poverty 100.0% 97.0% 1,472 1,423
Current-law benefit type
Retired worker only 3.0% 17.0% 1,099 6,461
Widow(er) (includes dually entitled) 3.0% 25.0% 220 2,058
Spousal (includes dually entitled) 1.0% 19.0% 45 786
Disabled worker only 6.0% 28.0% 107 529
  Black or African American, non-Hispanic
Subtotal 8.0% 30.0% 679 2,601
Sex
Female 7.0% 32.0% 333 1,479
Male 8.0% 27.0% 346 1,122
Country of birth
United States 8.0% 30.0% 580 2,168
Other countries 7.0% 31.0% 99 432
Age
60–69 10.0% 30.0% 274 831
70–79 7.0% 30.0% 242 1,005
80–89 6.0% 28.0% 123 559
90 or older 7.0% 35.0% 40 205
Marital status
Married 1.0% 18.0% 42 496
Divorced 10.0% 37.0% 199 759
Widowed 7.0% 28.0% 96 362
Never married 13.0% 39.0% 342 984
Current-law poverty status
Above poverty .0% 24.0% 0 1,958
In poverty 100.0% 95.0% 679 643
  All other races, non-Hispanic
Subtotal 4.0% 23.0% 261 1,490
Sex
Female 4.0% 24.0% 163 894
Male 3.0% 21.0% 98 596
Country of birth
United States 6.0% 24.0% 116 490
Other countries 3.0% 22.0% 145 1,000
Marital status
Married 1.0% 18.0% 39 654
Divorced 8.0% 30.0% 68 271
Widowed 7.0% 28.0% 87 344
Never married 10.0% 32.0% 67 221
Highest education level
Graduate 1.0% 11.0% 20 186
Bachelor 2.0% 16.0% 36 337
Associate 5.0% 28.0% 55 314
High school 8.0% 38.0% 106 524
Less than high school 15.0% 44.0% 43 129
Current-law poverty status
Above poverty .0% 20.0% 0 1,249
In poverty 100.0% 92.0% 261 242
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Poverty Rates and Numbers in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Poverty rate Number of population in poverty
(in thousands)
Official Supplemental Official Supplemental
  All beneficiaries
Total 3.0% 28.0% 2,425 25,967
Sex
Female 3.0% 29.0% 1,304 13,972
Male 2.0% 27.0% 1,121 11,995
Race/ethnicity
Hispanic or Latino, any race 3.0% 36.0% 769 8,170
White, non-Hispanic 2.0% 23.0% 1,009 12,357
Black or African American, non-Hispanic 4.0% 33.0% 392 3,119
All other races, non-Hispanic 3.0% 25.0% 254 2,320
Country of birth
United States 2.0% 26.0% 1,586 18,899
Other countries 4.0% 33.0% 839 7,067
Age
60–69 3.0% 28.0% 795 7,496
70–79 3.0% 26.0% 906 9,442
80–89 3.0% 29.0% 585 6,605
90 or older 2.0% 28.0% 139 2,424
Marital status
Married 1.0% 21.0% 292 9,090
Divorced 3.0% 32.0% 613 6,027
Widowed 3.0% 31.0% 473 4,565
Never married 6.0% 37.0% 1,046 6,285
Highest education level
Graduate 1.0% 13.0% 156 2,310
Bachelor 1.0% 16.0% 218 2,787
Associate 2.0% 29.0% 405 5,827
High school 4.0% 37.0% 1,033 10,567
Less than high school 6.0% 45.0% 613 4,475
Current-law poverty status
Above poverty .0% 26.0% 0 23,576
In poverty 100.0% 99.0% 2,425 2,391
Current-law benefit type
Retired worker only 3.0% 26.0% 1,958 18,530
Widow(er) (includes dually entitled) 2.0% 35.0% 321 4,449
Spousal (includes dually entitled) 1.0% 26.0% 41 1,739
Disabled worker only 3.0% 32.0% 105 1,248
  Hispanic or Latino, any race
Subtotal 3.0% 36.0% 769 8,170
Sex
Female 4.0% 37.0% 478 4,324
Male 3.0% 35.0% 291 3,847
Country of birth
United States 2.0% 33.0% 319 4,399
Other countries 5.0% 40.0% 450 3,771
Age
60–69 3.0% 32.0% 256 2,606
70–79 3.0% 35.0% 285 3,050
80–89 4.0% 41.0% 172 1,865
90 or older 4.0% 46.0% 56 649
Marital status
Married 1.0% 30.0% 97 3,372
Divorced 5.0% 36.0% 178 1,357
Widowed 5.0% 43.0% 168 1,552
Never married 8.0% 44.0% 327 1,889
Current-law poverty status
Above poverty .0% 34.0% 0 7,408
In poverty 100.0% 99.0% 769 762
Current-law benefit type
Retired worker only 4.0% 35.0% 598 5,697
Widow(er) (includes dually entitled) 3.0% 42.0% 108 1,318
Spousal (includes dually entitled) 1.0% 33.0% 23 720
Disabled worker only 3.0% 33.0% 40 436
  White, non-Hispanic
Subtotal 2.0% 23.0% 1,009 12,357
Sex
Female 2.0% 24.0% 503 6,638
Male 2.0% 22.0% 506 5,719
Country of birth
United States 2.0% 23.0% 840 11,036
Other countries 4.0% 30.0% 169 1,322
Age
60–69 2.0% 25.0% 327 3,310
70–79 2.0% 22.0% 370 4,254
80–89 2.0% 24.0% 271 3,426
90 or older 1.0% 24.0% 41 1,368
Marital status
Married 1.0% 17.0% 138 4,252
Divorced 2.0% 30.0% 288 3,534
Widowed 2.0% 26.0% 192 2,285
Never married 6.0% 33.0% 391 2,286
Highest education level
Graduate 1.0% 11.0% 66 1,234
Bachelor 1.0% 13.0% 103 1,506
Associate 2.0% 27.0% 211 3,302
High school 3.0% 35.0% 456 5,117
Less than high school 7.0% 49.0% 173 1,198
Current-law poverty status
Above poverty .0% 22.0% 0 11,367
In poverty 100.0% 98.0% 1,009 990
  Black or African American, non-Hispanic
Subtotal 4.0% 33.0% 392 3,119
Sex
Female 3.0% 34.0% 156 1,649
Male 5.0% 33.0% 236 1,470
Country of birth
United States 4.0% 33.0% 342 2,724
Other countries 4.0% 32.0% 50 395
Marital status
Married 1.0% 24.0% 28 579
Divorced 4.0% 34.0% 101 818
Widowed 5.0% 34.0% 48 329
Never married 6.0% 39.0% 215 1,392
Current-law poverty status
Above poverty .0% 30.0% 0 2,732
In poverty 100.0% 99.0% 392 387
  All other races, non-Hispanic
Subtotal 3.0% 25.0% 254 2,320
Sex
Female 3.0% 26.0% 166 1,362
Male 2.0% 24.0% 88 958
Country of birth
United States 3.0% 25.0% 84 740
Other countries 3.0% 26.0% 170 1,580
Age
60–69 3.0% 23.0% 79 554
70–79 2.0% 24.0% 85 921
80–89 3.0% 29.0% 67 634
90 or older 3.0% 25.0% 23 211
Marital status
Married 1.0% 19.0% 29 887
Divorced 5.0% 34.0% 45 317
Widowed 5.0% 30.0% 66 399
Never married 5.0% 33.0% 113 717
Highest education level
Graduate 2.0% 15.0% 61 415
Bachelor 2.0% 21.0% 47 588
Associate 3.0% 35.0% 55 619
High school 3.0% 33.0% 43 473
Less than high school 12.0% 58.0% 47 225
Current-law poverty status
Above poverty .0% 23.0% 0 2,067
In poverty 100.0% 99.0% 254 253
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Annual Household Income Distribution and Sources in 2022
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household income (2022 $) at the— Mean share of household income from—
10th %ile Median 90th %ile Social Security Annuitized assets Defined benefit pension All earnings Coresident income
  All beneficiaries
Total $21,888 $82,524 $287,124 41% 26% 13% 11% 6%
Sex
Female $20,340 $75,696 $270,516 42% 25% 13% 9% 7%
Male $24,264 $91,008 $306,564 39% 26% 13% 14% 5%
Race/ethnicity
Hispanic or Latino, any race $15,432 $52,392 $212,844 47% 13% 8% 11% 15%
White, non-Hispanic $24,960 $91,380 $312,576 39% 29% 14% 11% 5%
Black or African American, non-Hispanic $15,000 $55,728 $189,936 48% 11% 14% 11% 11%
All other races, non-Hispanic $19,644 $69,876 $271,920 41% 23% 10% 12% 10%
Country of birth
United States $22,968 $85,692 $292,740 41% 26% 14% 11% 6%
Other countries $16,716 $61,380 $249,876 42% 19% 8% 14% 12%
Age
60–69 $19,308 $74,724 $247,416 41% 21% 10% 17% 7%
70–79 $24,060 $92,064 $318,192 40% 26% 15% 10% 6%
80–89 $24,108 $81,720 $314,628 41% 33% 15% 3% 7%
90 or older $22,344 $75,984 $352,440 37% 43% 12% 1% 6%
Marital status
Married $37,320 $113,304 $351,828 36% 28% 14% 15% 5%
Divorced $15,096 $46,248 $172,872 48% 21% 12% 8% 8%
Widowed $17,712 $52,632 $199,944 46% 25% 12% 5% 10%
Never married $10,776 $41,712 $171,996 49% 21% 11% 8% 8%
Highest education level
Graduate $46,356 $160,164 $480,228 28% 36% 20% 12% 3%
Bachelor $31,368 $120,612 $385,260 33% 34% 15% 13% 4%
Associate $23,952 $84,060 $266,244 41% 26% 13% 12% 6%
High school $19,824 $67,092 $210,480 46% 21% 12% 11% 7%
Less than high school $14,304 $39,708 $151,140 53% 13% 7% 9% 13%
Current-law poverty status
Above poverty $26,400 $87,672 $296,292 39% 26% 14% 12% 7%
In poverty $7,872 $11,628 $19,044 78% 12% 1% 1% 0%
Current-law household income quintile
Highest $202,404 $287,124 $638,460 13% 44% 13% 16% 13%
Second highest $112,644 $138,672 $176,616 24% 30% 18% 17% 10%
Middle $67,296 $82,500 $101,772 36% 25% 18% 14% 5%
Second lowest $36,240 $47,304 $60,228 54% 18% 13% 8% 3%
Lowest $10,872 $21,888 $31,344 78% 10% 4% 2% 1%
Current-law benefit type
Retired worker only $23,988 $95,496 $308,868 38% 26% 14% 13% 6%
Widow(er) (includes dually entitled) $18,300 $47,640 $171,300 50% 22% 11% 5% 10%
Spousal (includes dually entitled) $32,952 $103,188 $368,664 38% 31% 15% 8% 5%
Disabled worker only $14,940 $47,208 $159,456 53% 11% 7% 16% 7%
  Hispanic or Latino, any race
Subtotal $15,432 $52,392 $212,844 47% 13% 8% 11% 15%
Sex
Female $13,992 $49,860 $206,208 47% 13% 8% 9% 17%
Male $17,076 $55,224 $218,748 46% 13% 8% 14% 13%
Country of birth
United States $16,980 $61,272 $234,912 47% 15% 11% 11% 13%
Other countries $14,616 $46,092 $175,644 47% 12% 6% 12% 17%
Marital status
Married $22,752 $65,808 $231,240 43% 15% 9% 15% 12%
Divorced $12,840 $37,272 $180,264 52% 13% 9% 7% 17%
Widowed $11,064 $35,388 $163,104 52% 10% 7% 4% 22%
Never married $10,164 $27,900 $137,412 52% 11% 7% 7% 19%
Current-law poverty status
Above poverty $21,084 $58,944 $220,512 44% 14% 9% 12% 17%
In poverty $7,380 $11,316 $16,308 78% 7% 1% 1% 0%
Current-law household income quintile
Highest $205,728 $245,340 $427,272 12% 22% 12% 15% 38%
Second highest $112,692 $135,636 $174,672 20% 18% 12% 19% 31%
Middle $66,336 $80,736 $101,172 32% 16% 11% 18% 19%
Second lowest $35,772 $46,644 $58,992 50% 14% 9% 14% 8%
Lowest $10,296 $20,916 $30,756 75% 6% 3% 3% 3%
  White, non-Hispanic
Subtotal $24,960 $91,380 $312,576 39% 29% 14% 11% 5%
Sex
Female $23,028 $82,704 $292,464 41% 29% 14% 10% 5%
Male $28,560 $100,920 $331,824 37% 29% 13% 14% 4%
Country of birth
United States $25,440 $92,292 $312,228 39% 29% 14% 11% 5%
Other countries $19,176 $78,588 $312,852 41% 26% 10% 14% 6%
Age
60–69 $22,032 $84,168 $270,624 40% 24% 11% 18% 5%
70–79 $27,828 $100,608 $340,704 39% 29% 16% 10% 5%
80–89 $25,752 $88,380 $347,772 39% 36% 15% 4% 5%
90 or older $23,100 $79,968 $376,056 36% 46% 11% 1% 5%
Marital status
Married $44,040 $123,924 $375,444 35% 31% 15% 15% 4%
Divorced $16,512 $48,420 $181,176 47% 24% 12% 9% 6%
Widowed $20,388 $57,000 $208,728 45% 29% 13% 5% 7%
Never married $12,048 $47,880 $197,712 46% 26% 12% 8% 5%
Highest education level
Graduate $50,508 $168,060 $500,568 27% 38% 20% 12% 3%
Bachelor $35,628 $129,720 $399,672 32% 36% 15% 13% 3%
Associate $26,412 $89,436 $279,816 39% 28% 13% 12% 5%
High school $22,020 $72,012 $220,428 44% 24% 12% 11% 6%
Less than high school $15,696 $41,892 $150,900 55% 17% 8% 8% 8%
Current-law poverty status
Above poverty $28,716 $95,784 $318,192 38% 29% 14% 12% 5%
In poverty $8,124 $12,096 $23,448 76% 16% 1% 1% 0%
Current-law household income quintile
Highest $203,184 $295,500 $652,056 13% 47% 14% 15% 10%
Second highest $112,548 $139,044 $176,940 25% 33% 18% 17% 6%
Middle $67,524 $82,944 $101,928 36% 27% 18% 14% 3%
Second lowest $36,288 $47,532 $60,300 55% 20% 13% 7% 2%
Lowest $11,640 $22,596 $31,572 79% 11% 4% 2% 0%
Current-law benefit type
Retired worker only $28,800 $104,436 $332,436 36% 30% 14% 13% 4%
Widow(er) (includes dually entitled) $19,932 $50,352 $182,148 49% 26% 11% 5% 7%
Spousal (includes dually entitled) $38,280 $115,476 $393,552 36% 34% 15% 9% 4%
Disabled worker only $15,816 $52,416 $165,816 53% 13% 7% 17% 5%
  Black or African American, non-Hispanic
Subtotal $15,000 $55,728 $189,936 48% 11% 14% 11% 11%
Sex
Female $14,352 $49,992 $179,112 50% 11% 15% 8% 13%
Male $15,324 $61,704 $193,032 47% 12% 14% 15% 8%
Country of birth
United States $15,000 $55,644 $179,112 49% 11% 15% 10% 10%
Other countries $15,108 $58,536 $228,276 42% 14% 8% 18% 14%
Marital status
Married $29,460 $80,124 $223,740 43% 12% 17% 17% 6%
Divorced $12,804 $37,164 $135,372 51% 11% 15% 7% 12%
Widowed $13,680 $38,928 $155,700 52% 10% 13% 5% 18%
Never married $9,960 $25,692 $122,424 56% 9% 10% 6% 14%
Highest education level
Graduate $30,384 $114,792 $255,672 36% 20% 24% 15% 4%
Bachelor $20,772 $81,048 $255,504 39% 16% 21% 15% 5%
Associate $15,072 $62,208 $190,044 47% 12% 17% 12% 8%
High school $13,680 $46,776 $162,348 52% 9% 12% 10% 12%
Less than high school $12,648 $36,864 $145,404 54% 7% 7% 8% 20%
Current-law poverty status
Above poverty $20,976 $62,700 $195,660 45% 12% 16% 12% 12%
In poverty $7,092 $10,872 $15,120 84% 5% 1% 1% 0%
Current-law household income quintile
Highest $195,660 $248,676 $402,372 13% 22% 14% 22% 28%
Second highest $112,620 $136,020 $174,708 23% 13% 22% 18% 22%
Middle $66,792 $81,048 $101,772 33% 13% 22% 15% 13%
Second lowest $36,324 $46,608 $60,516 50% 12% 16% 10% 7%
Lowest $10,140 $19,488 $30,456 79% 6% 6% 3% 1%
Current-law benefit type
Retired worker only $15,060 $64,116 $209,316 46% 13% 16% 12% 10%
Widow(er) (includes dually entitled) $15,288 $36,804 $129,696 54% 9% 12% 5% 16%
Spousal (includes dually entitled) $25,140 $65,532 $209,940 44% 11% 23% 8% 9%
Disabled worker only $12,624 $36,576 $130,716 57% 6% 7% 15% 9%
  All other races, non-Hispanic
Subtotal $19,644 $69,876 $271,920 41% 23% 10% 12% 10%
Sex
Female $18,300 $67,920 $261,636 42% 23% 11% 10% 11%
Male $21,180 $71,580 $289,932 39% 24% 10% 15% 8%
Country of birth
United States $19,908 $66,912 $251,100 44% 23% 12% 11% 8%
Other countries $19,272 $72,792 $312,852 38% 24% 9% 14% 11%
Highest education level
Graduate $38,688 $139,308 $534,564 30% 35% 14% 13% 6%
Bachelor $27,300 $97,440 $402,744 36% 31% 10% 14% 7%
Associate $21,348 $76,104 $244,632 42% 23% 13% 11% 9%
High school $18,204 $56,472 $197,400 45% 17% 9% 13% 11%
Less than high school $11,040 $34,788 $148,776 49% 14% 5% 6% 17%
Current-law poverty status
Above poverty $26,760 $78,228 $284,436 38% 24% 11% 13% 10%
In poverty $8,784 $11,376 $17,952 75% 12% 1% 0% 0%
Current-law household income quintile
Highest $200,400 $284,436 $662,556 12% 39% 10% 18% 22%
Second highest $114,420 $144,792 $177,276 22% 28% 14% 18% 17%
Middle $67,668 $82,572 $101,064 34% 23% 14% 17% 9%
Second lowest $36,564 $46,128 $59,028 52% 20% 13% 9% 2%
Lowest $10,500 $21,936 $31,356 72% 11% 3% 3% 1%
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
%ile = percentile.
Shares of household income may not add to 100%.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Annual Household Income Distribution and Sources in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household income (2022 $) at the— Mean share of household income from—
10th %ile Median 90th %ile Social Security Annuitized assets Defined benefit pension All earnings Coresident income
  All beneficiaries
Total $22,312 $82,288 $298,202 42% 26% 10% 12% 6%
Sex
Female $21,452 $77,021 $288,292 44% 26% 11% 10% 7%
Male $23,484 $88,797 $314,464 41% 26% 10% 15% 5%
Race/ethnicity
Hispanic or Latino, any race $17,836 $56,194 $208,056 47% 15% 6% 13% 14%
White, non-Hispanic $25,195 $91,631 $328,596 41% 30% 11% 12% 4%
Black or African American, non-Hispanic $15,519 $58,325 $208,985 49% 13% 12% 12% 10%
All other races, non-Hispanic $20,445 $75,887 $316,487 42% 24% 8% 14% 9%
Country of birth
United States $23,357 $86,129 $306,148 42% 28% 11% 12% 5%
Other countries $18,354 $62,224 $268,698 45% 19% 6% 14% 12%
Age
60–69 $19,370 $73,014 $243,610 43% 18% 8% 20% 7%
70–79 $22,224 $83,139 $301,457 43% 27% 11% 11% 6%
80–89 $26,397 $97,622 $380,021 40% 35% 14% 5% 6%
90 or older $25,889 $87,742 $472,962 36% 44% 13% 1% 6%
Marital status
Married $35,671 $112,252 $358,491 39% 28% 11% 16% 4%
Divorced $15,519 $47,350 $183,986 49% 23% 9% 9% 7%
Widowed $18,295 $56,898 $219,784 46% 27% 11% 5% 10%
Never married $11,649 $44,144 $193,133 48% 22% 8% 10% 9%
Highest education level
Graduate $45,122 $161,410 $534,512 29% 38% 16% 13% 3%
Bachelor $32,192 $126,081 $388,113 34% 34% 12% 15% 4%
Associate $24,325 $83,139 $264,798 43% 26% 11% 13% 6%
High school $19,487 $63,700 $210,099 48% 22% 9% 11% 7%
Less than high school $14,073 $38,476 $161,547 54% 13% 5% 9% 14%
Current-law poverty status
Above poverty $26,690 $87,136 $307,115 41% 27% 11% 13% 6%
In poverty $8,327 $11,972 $19,565 78% 14% 1% 0% 0%
Current-law household income quintile
Highest $209,415 $298,202 $674,177 13% 43% 11% 18% 14%
Second highest $113,513 $141,952 $182,402 25% 32% 14% 19% 9%
Middle $66,808 $82,288 $102,186 38% 26% 14% 15% 5%
Second lowest $35,867 $46,979 $59,713 57% 20% 10% 8% 2%
Lowest $11,298 $22,312 $31,303 79% 11% 3% 2% 0%
Current-law benefit type
Retired worker only $23,543 $91,045 $317,386 40% 27% 11% 14% 6%
Widow(er) (includes dually entitled) $18,647 $50,262 $184,347 51% 25% 9% 5% 9%
Spousal (includes dually entitled) $30,609 $102,909 $398,952 40% 31% 11% 9% 5%
Disabled worker only $15,842 $54,758 $186,204 51% 13% 5% 18% 8%
  Hispanic or Latino, any race
Subtotal $17,836 $56,194 $208,056 47% 15% 6% 13% 14%
Sex
Female $16,995 $53,869 $207,509 47% 14% 7% 11% 17%
Male $18,520 $57,553 $209,395 48% 15% 6% 15% 12%
Country of birth
United States $17,660 $66,309 $225,433 46% 17% 9% 13% 12%
Other countries $17,953 $48,660 $188,813 48% 13% 4% 13% 16%
Marital status
Married $24,335 $63,505 $212,532 47% 15% 6% 16% 10%
Divorced $14,190 $45,259 $198,205 48% 15% 6% 10% 18%
Widowed $12,050 $41,828 $210,099 48% 14% 6% 5% 25%
Never married $11,425 $40,401 $161,381 47% 12% 5% 10% 22%
Current-law poverty status
Above poverty $22,429 $61,814 $213,881 45% 15% 7% 14% 15%
In poverty $9,118 $12,138 $18,832 79% 12% 1% 0% 1%
Current-law household income quintile
Highest $209,288 $272,871 $489,078 12% 23% 9% 15% 40%
Second highest $112,536 $145,197 $185,344 20% 17% 9% 21% 31%
Middle $66,984 $82,523 $100,046 33% 16% 9% 22% 16%
Second lowest $35,828 $45,982 $58,960 55% 16% 6% 13% 6%
Lowest $11,346 $22,058 $31,322 77% 8% 2% 3% 1%
Current-law benefit type
Retired worker only $19,321 $60,309 $213,881 45% 15% 7% 15% 14%
Widow(er) (includes dually entitled) $13,233 $39,473 $175,962 51% 15% 5% 5% 23%
Spousal (includes dually entitled) $25,605 $51,924 $223,879 50% 14% 7% 9% 10%
Disabled worker only $15,080 $48,728 $153,963 54% 9% 4% 15% 12%
  White, non-Hispanic
Subtotal $25,195 $91,631 $328,596 41% 30% 11% 12% 4%
Sex
Female $23,602 $84,751 $310,086 42% 30% 11% 10% 5%
Male $28,068 $100,486 $346,226 39% 30% 11% 14% 4%
Country of birth
United States $25,801 $93,126 $329,681 41% 30% 11% 12% 4%
Other countries $19,311 $71,489 $314,621 43% 26% 8% 14% 6%
Age
60–69 $22,155 $79,953 $263,166 42% 21% 8% 21% 4%
70–79 $25,459 $94,847 $330,658 42% 31% 11% 11% 4%
80–89 $28,772 $105,098 $412,477 38% 38% 14% 5% 4%
90 or older $26,641 $91,670 $507,109 35% 47% 12% 1% 4%
Marital status
Married $43,578 $126,716 $391,856 37% 31% 12% 15% 3%
Divorced $16,565 $49,119 $189,771 48% 26% 9% 9% 5%
Widowed $21,256 $60,514 $230,720 45% 31% 11% 5% 6%
Never married $12,851 $48,953 $207,832 47% 27% 9% 10% 5%
Highest education level
Graduate $49,207 $171,076 $560,792 28% 40% 16% 12% 3%
Bachelor $34,919 $135,121 $409,975 33% 37% 12% 14% 3%
Associate $26,338 $87,996 $277,826 42% 29% 11% 13% 5%
High school $21,393 $68,675 $221,621 47% 25% 10% 11% 5%
Less than high school $14,229 $38,652 $141,424 58% 17% 7% 8% 7%
Current-law poverty status
Above poverty $29,192 $96,117 $334,030 39% 31% 11% 12% 4%
In poverty $8,454 $12,265 $20,973 77% 16% 1% 0% 0%
Current-law household income quintile
Highest $209,483 $305,190 $707,200 14% 47% 11% 17% 10%
Second highest $113,933 $141,747 $181,992 26% 35% 14% 18% 5%
Middle $66,876 $82,493 $102,342 39% 29% 14% 13% 3%
Second lowest $35,906 $47,330 $59,791 58% 21% 10% 7% 1%
Lowest $11,845 $22,927 $31,488 79% 13% 3% 2% 0%
Current-law benefit type
Retired worker only $27,482 $102,665 $344,330 39% 30% 11% 14% 4%
Widow(er) (includes dually entitled) $20,875 $52,500 $192,684 50% 28% 10% 5% 6%
Spousal (includes dually entitled) $37,616 $118,995 $445,402 38% 35% 12% 9% 3%
Disabled worker only $17,454 $61,921 $181,845 51% 16% 6% 18% 5%
  Black or African American, non-Hispanic
Subtotal $15,519 $58,325 $208,985 49% 13% 12% 12% 10%
Sex
Female $15,686 $53,204 $205,535 50% 13% 12% 10% 12%
Male $15,187 $63,837 $210,079 48% 13% 11% 15% 8%
Country of birth
United States $15,559 $58,042 $203,336 49% 13% 12% 12% 10%
Other countries $15,236 $64,941 $243,317 47% 15% 6% 15% 12%
Marital status
Married $29,671 $84,341 $250,295 45% 14% 13% 19% 5%
Divorced $13,203 $39,620 $133,020 53% 13% 11% 7% 11%
Widowed $15,666 $44,008 $182,031 51% 13% 12% 5% 16%
Never married $10,203 $33,091 $173,030 52% 11% 9% 8% 16%
Highest education level
Graduate $36,893 $109,506 $292,397 37% 23% 20% 14% 4%
Bachelor $22,859 $81,057 $254,849 41% 17% 15% 19% 6%
Associate $16,252 $61,990 $210,079 49% 14% 13% 12% 9%
High school $14,444 $48,532 $156,416 52% 10% 9% 11% 12%
Less than high school $10,115 $29,759 $131,954 59% 7% 7% 7% 14%
Current-law poverty status
Above poverty $21,100 $64,892 $217,390 46% 13% 13% 13% 11%
In poverty $7,281 $10,858 $16,409 80% 8% 2% 1% 0%
Current-law household income quintile
Highest $208,731 $265,277 $447,836 13% 19% 12% 23% 31%
Second highest $111,920 $139,763 $180,028 22% 15% 16% 24% 21%
Middle $66,524 $81,057 $100,749 36% 16% 17% 18% 10%
Second lowest $36,043 $46,695 $59,439 55% 13% 13% 8% 5%
Lowest $10,115 $19,341 $30,462 80% 7% 5% 2% 1%
Current-law benefit type
Retired worker only $15,793 $61,970 $214,819 48% 14% 12% 13% 9%
Widow(er) (includes dually entitled) $15,246 $41,545 $163,443 54% 11% 11% 5% 15%
Spousal (includes dually entitled) $22,087 $70,766 $259,746 43% 13% 13% 13% 11%
Disabled worker only $14,464 $44,633 $219,207 52% 7% 6% 18% 13%
  All other races, non-Hispanic
Subtotal $20,445 $75,887 $316,487 42% 24% 8% 14% 9%
Sex
Female $21,452 $75,613 $321,882 42% 24% 8% 11% 11%
Male $19,429 $75,936 $315,969 42% 24% 7% 17% 7%
Country of birth
United States $19,673 $71,167 $281,832 45% 23% 10% 11% 7%
Other countries $21,188 $79,855 $343,128 39% 25% 6% 16% 11%
Marital status
Married $28,918 $99,655 $377,549 39% 26% 7% 18% 7%
Divorced $13,633 $47,819 $175,620 47% 22% 8% 8% 12%
Widowed $15,998 $53,683 $226,400 45% 22% 8% 7% 14%
Never married $10,926 $45,767 $233,173 49% 22% 7% 10% 9%
Highest education level
Graduate $41,428 $168,398 $586,553 29% 37% 10% 18% 6%
Bachelor $28,215 $103,075 $366,105 36% 31% 7% 16% 7%
Associate $19,399 $80,431 $274,210 42% 23% 10% 11% 11%
High school $17,914 $54,699 $209,757 49% 17% 6% 13% 11%
Less than high school $11,385 $34,459 $133,606 54% 13% 4% 9% 12%
Current-law poverty status
Above poverty $25,400 $80,431 $327,042 40% 25% 8% 15% 10%
In poverty $9,812 $11,952 $19,116 71% 14% 1% 1% 1%
Current-law household income quintile
Highest $211,037 $309,470 $620,524 13% 36% 8% 20% 21%
Second highest $113,425 $143,311 $184,582 23% 30% 10% 22% 14%
Middle $65,723 $79,913 $102,939 37% 25% 9% 17% 9%
Second lowest $35,583 $45,864 $59,019 55% 21% 9% 10% 2%
Lowest $11,004 $22,478 $31,107 74% 11% 3% 4% 1%
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
%ile = percentile.
Shares of household income may not add to 100%.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Annual Household Income Distribution and Sources in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household income (2022 $) at the— Mean share of household income from—
10th %ile Median 90th %ile Social Security Annuitized assets Defined benefit pension All earnings Coresident income
  All beneficiaries
Total $22,594 $83,484 $323,439 47% 27% 6% 12% 6%
Sex
Female $21,476 $77,378 $308,209 48% 26% 6% 11% 7%
Male $24,102 $89,853 $342,108 45% 27% 5% 14% 5%
Race/ethnicity
Hispanic or Latino, any race $18,944 $58,124 $235,006 52% 16% 4% 12% 12%
White, non-Hispanic $26,459 $95,878 $343,927 45% 31% 6% 13% 4%
Black or African American, non-Hispanic $15,914 $55,691 $228,965 54% 17% 6% 11% 8%
All other races, non-Hispanic $22,798 $102,481 $475,066 43% 28% 5% 13% 9%
Country of birth
United States $23,974 $88,192 $323,556 46% 28% 6% 13% 5%
Other countries $19,108 $66,055 $322,181 50% 21% 3% 12% 11%
Age
60–69 $20,880 $81,192 $294,523 46% 19% 4% 21% 7%
70–79 $22,161 $82,654 $317,333 50% 23% 5% 13% 6%
80–89 $23,594 $80,624 $327,597 48% 32% 7% 6% 6%
90 or older $28,056 $107,318 $506,906 37% 49% 8% 2% 4%
Marital status
Married $35,905 $112,020 $380,744 45% 26% 6% 16% 4%
Divorced $17,622 $54,054 $237,089 50% 26% 5% 9% 7%
Widowed $18,833 $60,177 $264,987 48% 30% 6% 5% 8%
Never married $13,703 $52,217 $238,100 49% 23% 4% 11% 10%
Highest education level
Graduate $46,714 $169,946 $562,112 33% 38% 9% 16% 3%
Bachelor $34,747 $128,268 $411,122 39% 35% 7% 13% 4%
Associate $23,933 $77,326 $244,943 49% 25% 5% 12% 6%
High school $18,786 $58,089 $211,886 54% 21% 4% 11% 7%
Less than high school $14,645 $41,631 $177,830 57% 12% 2% 9% 14%
Current-law poverty status
Above poverty $26,407 $87,847 $331,141 46% 27% 6% 13% 6%
In poverty $8,504 $12,019 $19,049 77% 14% 1% 1% 0%
Current-law household income quintile
Highest $223,906 $323,298 $682,648 16% 39% 7% 22% 16%
Second highest $115,997 $148,071 $193,019 29% 33% 8% 20% 8%
Middle $66,470 $83,484 $103,282 45% 28% 7% 13% 4%
Second lowest $36,367 $46,749 $59,025 65% 21% 4% 5% 2%
Lowest $11,727 $22,588 $31,741 81% 12% 2% 1% 0%
Current-law benefit type
Retired worker only $23,705 $92,029 $345,816 45% 27% 6% 14% 6%
Widow(er) (includes dually entitled) $18,722 $52,065 $220,630 54% 27% 5% 4% 8%
Spousal (includes dually entitled) $28,887 $87,847 $335,516 48% 26% 5% 11% 4%
Disabled worker only $19,552 $62,213 $222,794 54% 14% 3% 16% 8%
  Hispanic or Latino, any race
Subtotal $18,944 $58,124 $235,006 52% 16% 4% 12% 12%
Sex
Female $17,646 $56,452 $230,450 53% 15% 4% 10% 14%
Male $20,301 $60,084 $245,862 52% 17% 3% 13% 11%
Country of birth
United States $21,172 $69,921 $253,652 51% 19% 5% 13% 10%
Other countries $17,242 $50,761 $224,075 54% 14% 2% 11% 14%
Age
60–69 $18,037 $59,838 $219,373 50% 13% 3% 17% 12%
70–79 $20,038 $61,259 $249,353 53% 16% 3% 11% 13%
80–89 $17,955 $49,515 $237,089 56% 20% 5% 5% 12%
90 or older $19,049 $60,084 $241,703 50% 30% 7% 2% 10%
Marital status
Married $27,787 $69,512 $246,979 52% 16% 4% 15% 8%
Divorced $15,025 $44,684 $228,152 53% 17% 3% 9% 16%
Widowed $13,949 $37,303 $217,595 54% 16% 3% 5% 18%
Never married $12,867 $48,380 $251,973 48% 16% 2% 9% 20%
Highest education level
Graduate $34,847 $105,160 $385,300 41% 26% 7% 19% 5%
Bachelor $25,167 $83,379 $328,001 45% 24% 7% 14% 7%
Associate $23,488 $69,366 $250,505 50% 19% 5% 11% 11%
High school $19,055 $57,019 $213,840 54% 15% 3% 11% 13%
Less than high school $15,745 $42,748 $190,012 56% 11% 1% 10% 16%
Current-law poverty status
Above poverty $22,839 $62,891 $244,271 51% 16% 4% 12% 13%
In poverty $9,685 $11,914 $18,166 75% 13% 1% 0% 0%
Current-law household income quintile
Highest $222,876 $307,823 $556,211 13% 18% 5% 18% 46%
Second highest $115,477 $147,299 $192,445 26% 18% 6% 24% 24%
Middle $66,131 $82,566 $102,428 42% 20% 5% 19% 10%
Second lowest $36,075 $45,994 $58,791 65% 17% 3% 7% 4%
Lowest $11,569 $22,400 $31,887 79% 11% 1% 1% 1%
Current-law benefit type
Retired worker only $19,347 $63,482 $250,611 51% 17% 4% 13% 12%
Widow(er) (includes dually entitled) $15,142 $37,297 $206,079 58% 15% 3% 4% 18%
Spousal (includes dually entitled) $26,021 $53,194 $217,291 53% 15% 4% 11% 8%
Disabled worker only $18,037 $56,662 $192,445 54% 12% 2% 14% 11%
  White, non-Hispanic
Subtotal $26,459 $95,878 $343,927 45% 31% 6% 13% 4%
Sex
Female $24,951 $88,233 $322,830 47% 31% 6% 11% 4%
Male $28,700 $104,996 $367,567 43% 31% 6% 15% 3%
Country of birth
United States $27,021 $96,925 $342,897 44% 31% 6% 13% 4%
Other countries $21,061 $81,648 $353,366 48% 27% 5% 12% 4%
Age
60–69 $24,892 $94,082 $313,712 44% 22% 5% 23% 4%
70–79 $25,337 $93,263 $322,468 48% 27% 6% 14% 3%
80–89 $27,191 $92,327 $342,108 46% 36% 7% 6% 4%
90 or older $32,811 $122,109 $546,332 34% 53% 8% 2% 3%
Marital status
Married $43,005 $128,794 $406,478 42% 30% 6% 17% 3%
Divorced $19,687 $59,464 $238,352 49% 29% 5% 10% 5%
Widowed $22,570 $68,582 $279,193 46% 36% 7% 5% 4%
Never married $15,177 $60,019 $257,267 47% 29% 5% 11% 5%
Highest education level
Graduate $52,053 $176,116 $558,480 32% 40% 9% 16% 2%
Bachelor $39,052 $142,100 $427,692 37% 38% 7% 13% 3%
Associate $26,705 $84,753 $249,710 48% 28% 6% 13% 4%
High school $20,915 $62,704 $210,980 53% 24% 5% 11% 4%
Less than high school $14,411 $39,648 $146,007 61% 15% 3% 9% 7%
Current-law poverty status
Above poverty $29,746 $99,030 $348,489 44% 31% 6% 13% 4%
In poverty $8,486 $12,341 $20,821 79% 15% 0% 1% 0%
Current-law household income quintile
Highest $223,315 $322,398 $691,047 16% 44% 7% 22% 10%
Second highest $116,214 $148,785 $193,446 30% 36% 8% 20% 4%
Middle $66,505 $83,900 $103,493 46% 31% 7% 11% 2%
Second lowest $36,548 $47,398 $59,446 65% 23% 5% 4% 1%
Lowest $12,505 $23,366 $31,817 81% 13% 2% 1% 0%
Current-law benefit type
Retired worker only $28,980 $106,282 $367,567 42% 32% 6% 14% 3%
Widow(er) (includes dually entitled) $21,318 $57,768 $223,642 52% 32% 6% 4% 5%
Spousal (includes dually entitled) $31,665 $107,838 $351,161 47% 32% 6% 11% 2%
Disabled worker only $21,283 $71,114 $244,253 53% 17% 3% 18% 5%
  Black or African American, non-Hispanic
Subtotal $15,914 $55,691 $228,965 54% 17% 6% 11% 8%
Sex
Female $15,827 $50,609 $217,893 56% 16% 6% 10% 10%
Male $16,242 $63,757 $237,708 52% 18% 6% 12% 7%
Country of birth
United States $15,879 $54,516 $222,075 54% 17% 6% 11% 8%
Other countries $16,113 $62,803 $252,833 53% 18% 4% 10% 11%
Age
60–69 $15,055 $55,773 $213,846 51% 13% 3% 17% 10%
70–79 $16,101 $56,884 $237,059 56% 16% 5% 12% 8%
80–89 $18,301 $55,223 $222,075 56% 21% 8% 5% 9%
90 or older $17,213 $52,662 $167,378 53% 30% 10% 2% 2%
Marital status
Married $32,074 $89,456 $302,728 51% 18% 7% 17% 4%
Divorced $14,628 $43,017 $189,726 56% 18% 5% 9% 9%
Widowed $16,300 $47,298 $213,846 55% 20% 7% 4% 10%
Never married $12,195 $40,455 $169,179 55% 15% 4% 10% 12%
Highest education level
Graduate $37,005 $123,753 $370,877 37% 28% 11% 17% 5%
Bachelor $26,506 $86,362 $266,747 49% 24% 8% 13% 4%
Associate $17,493 $50,854 $163,348 56% 16% 5% 11% 7%
High school $13,756 $42,725 $183,585 59% 13% 4% 9% 10%
Less than high school $11,072 $39,806 $195,469 56% 9% 3% 7% 19%
Current-law poverty status
Above poverty $20,634 $62,745 $237,451 52% 18% 6% 12% 9%
In poverty $7,480 $11,300 $15,914 79% 10% 1% 1% 0%
Current-law household income quintile
Highest $223,379 $303,670 $487,787 15% 20% 8% 24% 32%
Second highest $114,202 $141,199 $187,562 28% 22% 8% 25% 15%
Middle $66,435 $82,490 $102,908 41% 22% 9% 15% 9%
Second lowest $36,028 $45,877 $57,984 62% 19% 6% 5% 3%
Lowest $10,142 $20,067 $31,068 83% 10% 2% 1% 0%
Current-law benefit type
Retired worker only $15,832 $59,399 $242,686 53% 18% 6% 12% 8%
Widow(er) (includes dually entitled) $15,774 $43,152 $186,100 59% 18% 5% 4% 11%
Spousal (includes dually entitled) $27,816 $57,732 $209,600 57% 19% 5% 9% 3%
Disabled worker only $16,160 $48,714 $168,238 59% 10% 2% 11% 13%
  All other races, non-Hispanic
Subtotal $22,798 $102,481 $475,066 43% 28% 5% 13% 9%
Sex
Female $22,137 $93,585 $463,866 44% 28% 5% 12% 9%
Male $24,184 $113,938 $495,659 42% 29% 5% 14% 9%
Country of birth
United States $20,277 $84,677 $388,026 45% 28% 6% 12% 6%
Other countries $23,477 $114,962 $505,187 42% 28% 4% 14% 10%
Age
60–69 $22,839 $99,024 $466,258 40% 21% 4% 23% 10%
70–79 $22,248 $106,037 $498,654 44% 26% 5% 14% 9%
80–89 $22,184 $96,539 $419,392 45% 33% 5% 7% 8%
90 or older $29,390 $103,013 $650,211 37% 48% 6% 1% 8%
Marital status
Married $34,969 $148,188 $564,908 40% 28% 5% 17% 7%
Divorced $15,458 $57,627 $336,376 47% 27% 5% 10% 9%
Widowed $17,885 $68,219 $345,482 45% 31% 4% 6% 12%
Never married $15,136 $54,001 $329,299 47% 25% 4% 10% 12%
Highest education level
Graduate $40,134 $219,624 $739,965 33% 36% 6% 18% 6%
Bachelor $27,957 $118,179 $438,114 41% 33% 5% 13% 7%
Associate $21,658 $72,109 $299,658 47% 22% 5% 12% 12%
High school $16,523 $57,475 $261,875 51% 21% 4% 10% 12%
Less than high school $11,908 $37,718 $172,437 56% 12% 2% 9% 16%
Current-law poverty status
Above poverty $26,840 $109,254 $488,781 42% 29% 5% 14% 9%
In poverty $9,598 $12,528 $29,226 71% 19% 1% 1% 0%
Current-law household income quintile
Highest $234,170 $365,122 $806,342 15% 37% 6% 22% 19%
Second highest $116,570 $154,037 $192,211 30% 34% 7% 18% 10%
Middle $67,266 $83,742 $103,270 45% 30% 6% 13% 5%
Second lowest $35,969 $45,708 $58,200 63% 22% 4% 5% 2%
Lowest $11,393 $22,114 $31,852 77% 13% 1% 2% 1%
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
%ile = percentile.
Shares of household income may not add to 100%.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Annual Household Income Distribution and Sources in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household income (2022 $) at the— Mean share of household income from—
10th %ile Median 90th %ile Social Security Annuitized assets Defined benefit pension All earnings Coresident income
  All beneficiaries
Total $25,486 $92,141 $384,281 50% 25% 4% 12% 7%
Sex
Female $24,692 $86,173 $370,161 51% 24% 4% 12% 8%
Male $26,540 $99,103 $398,322 48% 26% 4% 13% 6%
Race/ethnicity
Hispanic or Latino, any race $21,934 $66,529 $272,769 56% 16% 3% 11% 11%
White, non-Hispanic $30,135 $106,566 $404,654 47% 30% 4% 13% 4%
Black or African American, non-Hispanic $20,211 $67,071 $271,624 55% 18% 3% 10% 10%
All other races, non-Hispanic $25,539 $128,167 $576,912 43% 27% 4% 14% 9%
Country of birth
United States $27,282 $95,971 $376,640 49% 26% 4% 13% 6%
Other countries $21,415 $77,201 $408,217 51% 21% 2% 12% 10%
Age
60–69 $25,276 $94,031 $358,396 47% 18% 3% 20% 8%
70–79 $25,493 $91,973 $392,752 51% 23% 4% 13% 7%
80–89 $24,895 $86,509 $386,403 51% 31% 4% 7% 6%
90 or older $27,436 $102,425 $414,686 45% 44% 4% 2% 4%
Marital status
Married $41,007 $128,580 $449,872 48% 24% 4% 17% 4%
Divorced $22,221 $68,069 $306,569 51% 25% 4% 10% 8%
Widowed $21,139 $64,701 $300,688 52% 29% 3% 6% 8%
Never married $18,052 $62,258 $320,945 51% 24% 3% 10% 10%
Highest education level
Graduate $44,294 $171,485 $578,893 39% 35% 6% 16% 3%
Bachelor $38,291 $144,437 $500,607 41% 34% 5% 14% 4%
Associate $26,138 $81,717 $279,063 53% 23% 4% 12% 6%
High school $21,738 $65,790 $247,517 56% 19% 3% 11% 8%
Less than high school $17,992 $50,364 $226,343 59% 13% 1% 9% 14%
Current-law poverty status
Above poverty $28,290 $95,547 $388,888 49% 25% 4% 13% 7%
In poverty $7,225 $11,800 $18,871 78% 14% 0% 1% 0%
Current-law household income quintile
Highest $260,227 $384,281 $789,317 17% 34% 5% 24% 18%
Second highest $131,297 $168,317 $222,829 31% 31% 6% 21% 9%
Middle $73,642 $92,141 $116,213 49% 28% 4% 12% 4%
Second lowest $40,405 $52,023 $65,783 68% 21% 2% 4% 2%
Lowest $13,449 $25,479 $35,466 83% 12% 1% 1% 0%
Current-law benefit type
Retired worker only $26,302 $101,830 $408,665 48% 26% 4% 14% 6%
Widow(er) (includes dually entitled) $21,401 $56,203 $245,627 58% 25% 3% 4% 9%
Spousal (includes dually entitled) $32,260 $97,962 $388,454 52% 23% 3% 11% 5%
Disabled worker only $25,973 $75,889 $254,763 55% 14% 3% 15% 9%
  Hispanic or Latino, any race
Subtotal $21,934 $66,529 $272,769 56% 16% 3% 11% 11%
Sex
Female $21,450 $64,642 $263,910 56% 16% 3% 10% 12%
Male $22,553 $68,545 $281,608 55% 17% 3% 13% 9%
Country of birth
United States $24,044 $73,960 $275,216 55% 18% 4% 12% 9%
Other countries $19,455 $57,242 $268,429 56% 14% 2% 10% 13%
Age
60–69 $23,169 $76,687 $276,406 51% 13% 3% 18% 12%
70–79 $22,375 $65,419 $279,539 57% 16% 3% 10% 11%
80–89 $19,840 $56,518 $277,841 60% 21% 3% 5% 9%
90 or older $18,794 $58,166 $207,280 58% 28% 3% 2% 7%
Marital status
Married $33,408 $86,012 $289,035 55% 16% 3% 15% 7%
Divorced $19,791 $57,102 $274,481 54% 17% 2% 9% 14%
Widowed $16,889 $42,547 $230,950 59% 17% 2% 5% 15%
Never married $15,951 $46,734 $248,497 54% 16% 2% 10% 15%
Highest education level
Graduate $29,764 $109,538 $392,857 48% 26% 5% 15% 4%
Bachelor $25,689 $104,218 $372,499 47% 24% 5% 17% 6%
Associate $25,122 $74,958 $251,049 55% 18% 3% 12% 9%
High school $21,209 $62,577 $243,527 57% 16% 3% 11% 10%
Less than high school $19,049 $52,058 $240,247 58% 11% 1% 10% 15%
Current-law poverty status
Above poverty $24,345 $69,207 $279,038 55% 17% 3% 12% 11%
In poverty $8,425 $11,901 $18,195 78% 13% 0% 1% 0%
Current-law household income quintile
Highest $255,904 $364,151 $628,942 14% 17% 4% 22% 42%
Second highest $131,013 $165,356 $222,965 28% 21% 5% 24% 19%
Middle $73,862 $91,879 $116,907 47% 21% 4% 17% 7%
Second lowest $40,181 $51,659 $65,846 70% 17% 2% 5% 3%
Lowest $13,627 $25,119 $35,361 83% 11% 1% 1% 1%
Current-law benefit type
Retired worker only $22,186 $71,485 $288,944 54% 17% 3% 13% 10%
Widow(er) (includes dually entitled) $18,500 $43,710 $223,781 62% 15% 2% 5% 15%
Spousal (includes dually entitled) $28,665 $65,419 $261,253 58% 16% 3% 10% 7%
Disabled worker only $25,973 $72,129 $224,740 57% 11% 3% 14% 11%
  White, non-Hispanic
Subtotal $30,135 $106,566 $404,654 47% 30% 4% 13% 4%
Sex
Female $28,763 $98,302 $388,888 49% 28% 4% 12% 4%
Male $31,833 $116,189 $429,020 45% 31% 4% 14% 3%
Country of birth
United States $31,199 $108,366 $404,227 47% 30% 4% 13% 4%
Other countries $22,798 $89,057 $406,250 50% 27% 3% 13% 5%
Age
60–69 $29,004 $107,123 $387,106 46% 21% 4% 21% 4%
70–79 $30,821 $108,065 $418,162 49% 26% 5% 14% 4%
80–89 $29,113 $100,546 $394,464 49% 34% 4% 7% 4%
90 or older $34,644 $117,376 $450,639 42% 48% 4% 3% 3%
Marital status
Married $49,769 $147,255 $479,811 45% 28% 5% 17% 3%
Divorced $24,345 $73,302 $316,622 50% 28% 4% 10% 6%
Widowed $24,863 $76,043 $309,908 50% 34% 4% 6% 5%
Never married $19,539 $71,440 $303,667 49% 30% 3% 11% 4%
Highest education level
Graduate $50,647 $186,817 $580,759 37% 37% 6% 16% 2%
Bachelor $45,096 $158,012 $515,963 39% 37% 5% 14% 4%
Associate $29,074 $88,186 $277,428 52% 26% 4% 12% 4%
High school $23,995 $70,953 $244,906 56% 23% 3% 11% 5%
Less than high school $17,772 $48,509 $171,194 64% 17% 2% 7% 7%
Current-law poverty status
Above poverty $32,578 $109,395 $408,977 47% 30% 4% 13% 4%
In poverty $6,287 $11,898 $20,761 78% 16% 0% 0% 0%
Current-law household income quintile
Highest $259,842 $382,398 $788,295 17% 39% 6% 26% 11%
Second highest $131,304 $169,021 $222,353 33% 35% 6% 20% 5%
Middle $73,677 $92,463 $115,996 51% 31% 5% 10% 2%
Second lowest $40,692 $52,496 $65,885 68% 24% 3% 3% 1%
Lowest $13,813 $26,470 $35,841 83% 13% 1% 1% 0%
Current-law benefit type
Retired worker only $32,389 $119,710 $434,036 45% 30% 5% 15% 4%
Widow(er) (includes dually entitled) $23,883 $62,017 $245,399 57% 29% 3% 4% 5%
Spousal (includes dually entitled) $37,566 $119,861 $421,690 49% 29% 4% 12% 3%
Disabled worker only $27,471 $84,433 $280,512 53% 17% 3% 17% 5%
  Black or African American, non-Hispanic
Subtotal $20,211 $67,071 $271,624 55% 18% 3% 10% 10%
Sex
Female $20,649 $63,235 $262,366 56% 17% 3% 10% 12%
Male $19,494 $73,365 $284,502 53% 19% 4% 11% 8%
Country of birth
United States $20,365 $66,560 $271,624 55% 18% 3% 10% 10%
Other countries $19,494 $75,241 $269,815 54% 16% 3% 12% 11%
Age
60–69 $20,246 $68,874 $290,453 52% 12% 3% 16% 13%
70–79 $19,329 $65,153 $261,067 57% 17% 3% 10% 10%
80–89 $21,548 $66,336 $291,419 56% 23% 4% 6% 9%
90 or older $21,794 $84,195 $263,952 51% 35% 6% 2% 4%
Marital status
Married $34,083 $108,611 $331,110 54% 18% 4% 16% 6%
Divorced $19,487 $59,864 $246,866 55% 19% 3% 9% 10%
Widowed $19,438 $54,445 $265,775 57% 22% 4% 5% 9%
Never married $17,681 $53,136 $247,528 54% 17% 3% 9% 14%
Highest education level
Graduate $37,076 $125,665 $370,479 46% 28% 5% 14% 5%
Bachelor $31,668 $97,609 $320,487 50% 26% 6% 12% 5%
Associate $20,446 $58,814 $261,858 56% 17% 3% 11% 9%
High school $17,478 $47,851 $214,722 59% 13% 2% 8% 13%
Less than high school $15,006 $48,358 $267,088 54% 9% 2% 8% 24%
Current-law poverty status
Above poverty $23,036 $71,265 $282,973 54% 18% 4% 11% 11%
In poverty $6,154 $10,543 $16,819 81% 11% 1% 1% 0%
Current-law household income quintile
Highest $258,886 $347,520 $596,728 15% 22% 5% 21% 37%
Second highest $132,221 $163,514 $220,778 28% 24% 6% 21% 18%
Middle $72,808 $91,053 $116,133 45% 22% 4% 15% 9%
Second lowest $40,150 $50,147 $65,426 66% 19% 3% 5% 3%
Lowest $12,034 $24,149 $34,966 85% 9% 1% 1% 0%
Current-law benefit type
Retired worker only $19,998 $70,516 $285,003 53% 19% 4% 11% 10%
Widow(er) (includes dually entitled) $18,094 $47,844 $204,252 61% 16% 3% 4% 11%
Spousal (includes dually entitled) $32,232 $83,320 $300,345 58% 18% 2% 9% 8%
Disabled worker only $23,159 $60,364 $248,970 58% 10% 2% 9% 16%
  All other races, non-Hispanic
Subtotal $25,539 $128,167 $576,912 43% 27% 4% 14% 9%
Sex
Female $23,957 $120,410 $577,707 45% 26% 4% 14% 10%
Male $28,416 $137,223 $576,450 41% 29% 3% 15% 9%
Country of birth
United States $25,343 $125,584 $563,614 43% 29% 4% 15% 8%
Other countries $25,703 $128,871 $588,950 44% 27% 3% 14% 10%
Age
60–69 $25,977 $143,167 $533,248 40% 22% 4% 22% 10%
70–79 $25,931 $137,142 $585,898 44% 24% 4% 16% 10%
80–89 $24,776 $109,381 $567,363 47% 31% 3% 8% 9%
90 or older $24,496 $124,243 $803,798 41% 46% 3% 2% 7%
Marital status
Married $40,755 $172,619 $679,618 42% 27% 4% 18% 7%
Divorced $17,982 $80,765 $396,179 47% 25% 3% 10% 14%
Widowed $18,384 $77,051 $396,137 48% 29% 3% 7% 11%
Never married $20,365 $92,593 $533,248 43% 29% 3% 13% 11%
Highest education level
Graduate $39,247 $216,749 $838,214 36% 35% 5% 17% 6%
Bachelor $30,496 $158,824 $587,357 41% 30% 4% 17% 7%
Associate $22,991 $84,503 $361,970 49% 21% 3% 11% 15%
High school $22,599 $84,706 $373,861 50% 20% 2% 11% 13%
Less than high school $12,815 $35,102 $268,894 60% 13% 1% 5% 16%
Current-law poverty status
Above poverty $28,528 $136,652 $585,898 42% 28% 4% 15% 10%
In poverty $8,692 $12,241 $18,160 76% 16% 0% 1% 0%
Current-law household income quintile
Highest $270,865 $440,204 $994,941 16% 37% 5% 23% 19%
Second highest $130,859 $172,619 $225,958 32% 29% 5% 22% 11%
Middle $73,544 $91,448 $116,798 49% 28% 4% 13% 5%
Second lowest $39,947 $51,827 $65,139 68% 21% 2% 4% 2%
Lowest $12,783 $24,594 $34,833 80% 14% 1% 1% 0%
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
%ile = percentile.
Shares of household income may not add to 100%.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Total Earnings Distribution in 2022
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual earnings (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $0 $0 $33,905
Sex
Female $0 $0 $23,594
Male $0 $0 $49,419
Race/ethnicity
Hispanic or Latino, any race $0 $0 $23,163
White, non-Hispanic $0 $0 $37,006
Black or African American, non-Hispanic $0 $0 $25,166
All other races, non-Hispanic $0 $0 $32,528
Country of birth
United States $0 $0 $34,499
Other countries $0 $0 $29,946
Age
60–69 $0 $0 $34,600
70–79 $0 $0 $45,533
80–89 $0 $0 $0
90 or older $0 $0 $0
Marital status
Married $0 $0 $39,782
Divorced $0 $0 $34,126
Widowed $0 $0 $17,230
Never married $0 $0 $25,537
Highest education level
Graduate $0 $0 $79,055
Bachelor $0 $0 $53,084
Associate $0 $0 $32,675
High school $0 $0 $22,965
Less than high school $0 $0 $11,498
Current-law poverty status
Above poverty $0 $0 $36,142
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $93,652
Second highest $0 $0 $50,404
Middle $0 $0 $28,617
Second lowest $0 $0 $11,139
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $46,039
Widow(er) (includes dually entitled) $0 $0 $11,993
Spousal (includes dually entitled) $0 $0 $614
Disabled worker only $0 $0 $4,385
  Hispanic or Latino, any race
Subtotal $0 $0 $23,163
Sex
Female $0 $0 $14,649
Male $0 $0 $31,854
Country of birth
United States $0 $0 $23,689
Other countries $0 $0 $22,479
Marital status
Married $0 $0 $27,658
Divorced $0 $0 $20,427
Widowed $0 $0 $6,867
Never married $0 $0 $15,622
Current-law poverty status
Above poverty $0 $0 $25,857
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $64,849
Second highest $0 $0 $40,842
Middle $0 $0 $34,161
Second lowest $0 $0 $17,591
Lowest $0 $0 $0
  White, non-Hispanic
Subtotal $0 $0 $37,006
Sex
Female $0 $0 $24,827
Male $0 $0 $54,869
Country of birth
United States $0 $0 $36,786
Other countries $0 $0 $37,884
Age
60–69 $0 $0 $37,180
70–79 $0 $0 $50,547
80–89 $0 $0 $0
90 or older $0 $0 $0
Marital status
Married $0 $0 $43,301
Divorced $0 $0 $37,040
Widowed $0 $0 $18,749
Never married $0 $0 $31,006
Highest education level
Graduate $0 $0 $79,282
Bachelor $0 $0 $54,574
Associate $0 $0 $33,955
High school $0 $0 $23,687
Less than high school $0 $0 $7,709
Current-law poverty status
Above poverty $0 $0 $38,477
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $94,861
Second highest $0 $0 $50,542
Middle $0 $0 $27,324
Second lowest $0 $0 $9,676
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $50,404
Widow(er) (includes dually entitled) $0 $0 $12,510
Spousal (includes dually entitled) $0 $0 $614
Disabled worker only $0 $0 $5,268
  Black or African American, non-Hispanic
Subtotal $0 $0 $25,166
Sex
Female $0 $0 $21,988
Male $0 $0 $29,560
Country of birth
United States $0 $0 $22,815
Other countries $0 $0 $37,598
Marital status
Married $0 $0 $33,065
Divorced $0 $0 $25,564
Widowed $0 $0 $14,004
Never married $0 $0 $15,247
Highest education level
Graduate $0 $0 $80,246
Bachelor $0 $0 $49,171
Associate $0 $0 $28,473
High school $0 $0 $18,394
Less than high school $0 $0 $4,603
Current-law poverty status
Above poverty $0 $0 $28,544
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $104,695
Second highest $0 $0 $56,864
Middle $0 $0 $30,354
Second lowest $0 $0 $12,076
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $34,397
Widow(er) (includes dually entitled) $0 $0 $9,224
Spousal (includes dually entitled) $0 $0 $3,175
Disabled worker only $0 $0 $1,768
  All other races, non-Hispanic
Subtotal $0 $0 $32,528
Sex
Female $0 $0 $25,626
Male $0 $0 $41,189
Country of birth
United States $0 $0 $29,280
Other countries $0 $0 $33,482
Highest education level
Graduate $0 $0 $69,356
Bachelor $0 $0 $48,348
Associate $0 $0 $26,623
High school $0 $0 $18,027
Less than high school $0 $0 $8,358
Current-law poverty status
Above poverty $0 $0 $35,508
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $90,511
Second highest $0 $0 $50,958
Middle $0 $0 $29,874
Second lowest $0 $0 $7,460
Lowest $0 $0 $0
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Total Earnings Distribution in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual earnings (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $0 $0 $41,401
Sex
Female $0 $0 $31,925
Male $0 $0 $55,947
Race/ethnicity
Hispanic or Latino, any race $0 $0 $29,729
White, non-Hispanic $0 $0 $44,736
Black or African American, non-Hispanic $0 $0 $34,564
All other races, non-Hispanic $0 $0 $46,558
Country of birth
United States $0 $0 $42,435
Other countries $0 $0 $34,722
Age
60–69 $0 $0 $41,795
70–79 $0 $0 $50,955
80–89 $0 $0 $9,821
90 or older $0 $0 $0
Marital status
Married $0 $0 $46,711
Divorced $0 $0 $39,034
Widowed $0 $0 $24,974
Never married $0 $0 $41,633
Highest education level
Graduate $0 $0 $88,992
Bachelor $0 $0 $65,133
Associate $0 $0 $38,957
High school $0 $0 $28,324
Less than high school $0 $0 $9,858
Current-law poverty status
Above poverty $0 $0 $43,451
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $109,834
Second highest $0 $0 $61,784
Middle $0 $0 $32,371
Second lowest $0 $0 $9,003
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $53,999
Widow(er) (includes dually entitled) $0 $0 $10,664
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $6,962
  Hispanic or Latino, any race
Subtotal $0 $0 $29,729
Sex
Female $0 $0 $21,299
Male $0 $0 $36,746
Country of birth
United States $0 $0 $34,050
Other countries $0 $0 $24,903
Marital status
Married $0 $0 $30,136
Divorced $0 $0 $34,050
Widowed $0 $0 $16,661
Never married $0 $0 $33,142
Current-law poverty status
Above poverty $0 $0 $31,171
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $91,478
Second highest $0 $0 $62,475
Middle $0 $0 $33,959
Second lowest $0 $0 $18,388
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $34,993
Widow(er) (includes dually entitled) $0 $0 $13,214
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $5,957
  White, non-Hispanic
Subtotal $0 $0 $44,736
Sex
Female $0 $0 $33,900
Male $0 $0 $62,994
Country of birth
United States $0 $0 $45,197
Other countries $0 $0 $41,545
Age
60–69 $0 $0 $44,874
70–79 $0 $0 $55,227
80–89 $0 $0 $15,236
90 or older $0 $0 $0
Marital status
Married $0 $0 $50,751
Divorced $0 $0 $42,707
Widowed $0 $0 $27,019
Never married $0 $0 $46,216
Highest education level
Graduate $0 $0 $86,901
Bachelor $0 $0 $66,976
Associate $0 $0 $40,640
High school $0 $0 $29,074
Less than high school $0 $0 $9,347
Current-law poverty status
Above poverty $0 $0 $46,530
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $110,022
Second highest $0 $0 $59,484
Middle $0 $0 $31,113
Second lowest $0 $0 $7,222
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $59,484
Widow(er) (includes dually entitled) $0 $0 $10,519
Spousal (includes dually entitled) $0 $0 $239
Disabled worker only $0 $0 $4,920
  Black or African American, non-Hispanic
Subtotal $0 $0 $34,564
Sex
Female $0 $0 $30,949
Male $0 $0 $40,035
Country of birth
United States $0 $0 $33,446
Other countries $0 $0 $43,942
Marital status
Married $0 $0 $43,328
Divorced $0 $0 $30,739
Widowed $0 $0 $20,760
Never married $0 $0 $34,820
Highest education level
Graduate $0 $0 $92,750
Bachelor $0 $0 $62,592
Associate $0 $0 $31,089
High school $0 $0 $25,771
Less than high school $0 $0 $689
Current-law poverty status
Above poverty $0 $0 $37,173
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $119,315
Second highest $0 $0 $74,434
Middle $0 $0 $36,313
Second lowest $0 $0 $10,959
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $40,847
Widow(er) (includes dually entitled) $0 $0 $10,001
Spousal (includes dually entitled) $0 $0 $5,273
Disabled worker only $0 $0 $12,733
  All other races, non-Hispanic
Subtotal $0 $0 $46,558
Sex
Female $0 $0 $34,753
Male $0 $0 $52,074
Country of birth
United States $0 $0 $34,131
Other countries $0 $0 $51,976
Marital status
Married $0 $0 $50,115
Divorced $0 $0 $34,181
Widowed $0 $0 $32,878
Never married $0 $0 $50,319
Highest education level
Graduate $0 $0 $104,614
Bachelor $0 $0 $64,152
Associate $0 $0 $32,189
High school $0 $0 $25,918
Less than high school $0 $0 $13,895
Current-law poverty status
Above poverty $0 $0 $48,492
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $117,027
Second highest $0 $0 $52,593
Middle $0 $0 $34,470
Second lowest $0 $0 $8,031
Lowest $0 $0 $0
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Total Earnings Distribution in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual earnings (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $0 $0 $56,227
Sex
Female $0 $0 $49,576
Male $0 $0 $65,613
Race/ethnicity
Hispanic or Latino, any race $0 $0 $34,720
White, non-Hispanic $0 $0 $61,355
Black or African American, non-Hispanic $0 $0 $47,631
All other races, non-Hispanic $0 $0 $86,937
Country of birth
United States $0 $0 $57,714
Other countries $0 $0 $50,125
Age
60–69 $0 $0 $55,497
70–79 $0 $0 $77,507
80–89 $0 $0 $35,513
90 or older $0 $0 $0
Marital status
Married $0 $0 $63,291
Divorced $0 $0 $58,804
Widowed $0 $0 $26,525
Never married $0 $0 $59,138
Highest education level
Graduate $0 $0 $116,958
Bachelor $0 $0 $84,304
Associate $0 $0 $46,729
High school $0 $0 $29,467
Less than high school $0 $0 $15,758
Current-law poverty status
Above poverty $0 $0 $58,829
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $144,739
Second highest $0 $0 $76,455
Middle $0 $0 $36,083
Second lowest $0 $0 $877
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $73,353
Widow(er) (includes dually entitled) $0 $0 $877
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $10,615
  Hispanic or Latino, any race
Subtotal $0 $0 $34,720
Sex
Female $0 $0 $27,445
Male $0 $0 $43,943
Country of birth
United States $0 $0 $46,125
Other countries $0 $0 $27,327
Age
60–69 $0 $0 $38,765
70–79 $0 $0 $40,139
80–89 $0 $0 $877
90 or older $0 $0 $0
Marital status
Married $0 $0 $36,316
Divorced $0 $0 $44,418
Widowed $0 $0 $12,865
Never married $0 $0 $41,289
Highest education level
Graduate $0 $0 $91,724
Bachelor $0 $0 $70,085
Associate $0 $0 $33,382
High school $0 $0 $31,293
Less than high school $0 $0 $18,902
Current-law poverty status
Above poverty $0 $0 $37,747
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $118,354
Second highest $0 $0 $80,491
Middle $0 $0 $40,715
Second lowest $0 $0 $877
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $46,030
Widow(er) (includes dually entitled) $0 $0 $324
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $5,034
  White, non-Hispanic
Subtotal $0 $0 $61,355
Sex
Female $0 $0 $53,620
Male $0 $0 $73,326
Country of birth
United States $0 $0 $60,653
Other countries $0 $0 $68,482
Age
60–69 $0 $0 $62,424
70–79 $0 $0 $83,632
80–89 $0 $0 $44,984
90 or older $0 $0 $0
Marital status
Married $0 $0 $68,653
Divorced $0 $0 $61,916
Widowed $0 $0 $30,830
Never married $0 $0 $73,705
Highest education level
Graduate $0 $0 $113,167
Bachelor $0 $0 $89,262
Associate $0 $0 $48,700
High school $0 $0 $29,454
Less than high school $0 $0 $12,690
Current-law poverty status
Above poverty $0 $0 $63,450
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $144,038
Second highest $0 $0 $73,326
Middle $0 $0 $32,390
Second lowest $0 $0 $877
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $79,653
Widow(er) (includes dually entitled) $0 $0 $3,021
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $13,021
  Black or African American, non-Hispanic
Subtotal $0 $0 $47,631
Sex
Female $0 $0 $48,759
Male $0 $0 $47,510
Country of birth
United States $0 $0 $48,819
Other countries $0 $0 $44,620
Age
60–69 $0 $0 $48,759
70–79 $0 $0 $70,904
80–89 $0 $0 $0
90 or older $0 $0 $0
Marital status
Married $0 $0 $58,826
Divorced $0 $0 $52,736
Widowed $0 $0 $1,103
Never married $0 $0 $46,453
Highest education level
Graduate $0 $0 $113,659
Bachelor $0 $0 $71,012
Associate $0 $0 $43,882
High school $0 $0 $24,278
Less than high school $0 $0 $17,935
Current-law poverty status
Above poverty $0 $0 $51,895
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $877 $141,083
Second highest $0 $0 $89,088
Middle $0 $0 $44,895
Second lowest $0 $0 $1,074
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $58,848
Widow(er) (includes dually entitled) $0 $0 $0
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $7,221
  All other races, non-Hispanic
Subtotal $0 $0 $86,937
Sex
Female $0 $0 $78,136
Male $0 $0 $105,821
Country of birth
United States $0 $0 $69,111
Other countries $0 $0 $94,314
Age
60–69 $0 $0 $90,267
70–79 $0 $0 $105,821
80–89 $0 $0 $51,359
90 or older $0 $0 $0
Marital status
Married $0 $0 $99,230
Divorced $0 $0 $77,760
Widowed $0 $0 $45,911
Never married $0 $0 $86,937
Highest education level
Graduate $0 $0 $153,274
Bachelor $0 $0 $81,853
Associate $0 $0 $58,520
High school $0 $0 $26,288
Less than high school $0 $0 $877
Current-law poverty status
Above poverty $0 $0 $89,603
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $168,434
Second highest $0 $0 $75,824
Middle $0 $0 $37,004
Second lowest $0 $0 $877
Lowest $0 $0 $0
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Total Earnings Distribution in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual earnings (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $0 $0 $75,539
Sex
Female $0 $0 $71,122
Male $0 $0 $81,637
Race/ethnicity
Hispanic or Latino, any race $0 $0 $46,116
White, non-Hispanic $0 $0 $87,452
Black or African American, non-Hispanic $0 $0 $54,467
All other races, non-Hispanic $0 $0 $127,936
Country of birth
United States $0 $0 $78,143
Other countries $0 $0 $66,878
Age
60–69 $0 $0 $68,679
70–79 $0 $0 $104,212
80–89 $0 $0 $58,748
90 or older $0 $0 $0
Marital status
Married $0 $0 $81,202
Divorced $0 $0 $78,835
Widowed $0 $0 $38,397
Never married $0 $0 $85,662
Highest education level
Graduate $0 $0 $148,525
Bachelor $0 $0 $119,586
Associate $0 $0 $53,518
High school $0 $0 $38,567
Less than high school $0 $0 $15,803
Current-law poverty status
Above poverty $0 $0 $78,399
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $90 $192,636
Second highest $0 $0 $89,227
Middle $0 $0 $39,855
Second lowest $0 $0 $1,114
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $97,622
Widow(er) (includes dually entitled) $0 $0 $1,114
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $13,451
  Hispanic or Latino, any race
Subtotal $0 $0 $46,116
Sex
Female $0 $0 $35,362
Male $0 $0 $55,349
Country of birth
United States $0 $0 $52,667
Other countries $0 $0 $31,386
Age
60–69 $0 $0 $51,929
70–79 $0 $0 $50,653
80–89 $0 $0 $1,114
90 or older $0 $0 $0
Marital status
Married $0 $0 $44,787
Divorced $0 $0 $56,689
Widowed $0 $0 $9,368
Never married $0 $0 $54,349
Highest education level
Graduate $0 $0 $105,540
Bachelor $0 $0 $109,176
Associate $0 $0 $46,320
High school $0 $0 $38,630
Less than high school $0 $0 $19,088
Current-law poverty status
Above poverty $0 $0 $47,693
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $165,905
Second highest $0 $0 $87,939
Middle $0 $0 $46,709
Second lowest $0 $0 $1,114
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $58,276
Widow(er) (includes dually entitled) $0 $0 $3,610
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $11,823
  White, non-Hispanic
Subtotal $0 $0 $87,452
Sex
Female $0 $0 $82,504
Male $0 $0 $93,012
Country of birth
United States $0 $0 $87,938
Other countries $0 $0 $82,572
Age
60–69 $0 $0 $77,940
70–79 $0 $0 $117,904
80–89 $0 $0 $65,449
90 or older $0 $0 $0
Marital status
Married $0 $0 $94,242
Divorced $0 $0 $90,806
Widowed $0 $0 $50,715
Never married $0 $0 $97,647
Highest education level
Graduate $0 $0 $149,707
Bachelor $0 $0 $119,793
Associate $0 $0 $56,217
High school $0 $0 $40,231
Less than high school $0 $0 $1,217
Current-law poverty status
Above poverty $0 $0 $89,419
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $1,114 $193,426
Second highest $0 $0 $86,417
Middle $0 $0 $32,748
Second lowest $0 $0 $0
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $109,431
Widow(er) (includes dually entitled) $0 $0 $1,114
Spousal (includes dually entitled) $0 $0 $188
Disabled worker only $0 $0 $15,781
  Black or African American, non-Hispanic
Subtotal $0 $0 $54,467
Sex
Female $0 $0 $57,194
Male $0 $0 $49,185
Country of birth
United States $0 $0 $53,417
Other countries $0 $0 $56,994
Age
60–69 $0 $0 $56,950
70–79 $0 $0 $68,760
80–89 $0 $0 $15,250
90 or older $0 $0 $0
Marital status
Married $0 $0 $46,171
Divorced $0 $0 $62,198
Widowed $0 $0 $28,041
Never married $0 $0 $58,993
Highest education level
Graduate $0 $0 $117,254
Bachelor $0 $0 $67,606
Associate $0 $0 $65,607
High school $0 $0 $18,279
Less than high school $0 $0 $40,343
Current-law poverty status
Above poverty $0 $0 $56,378
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $189,447
Second highest $0 $0 $96,655
Middle $0 $0 $49,419
Second lowest $0 $0 $1,114
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $65,607
Widow(er) (includes dually entitled) $0 $0 $5,393
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $9,392
  All other races, non-Hispanic
Subtotal $0 $0 $127,936
Sex
Female $0 $0 $120,730
Male $0 $0 $143,098
Country of birth
United States $0 $0 $134,649
Other countries $0 $0 $126,063
Age
60–69 $0 $0 $118,738
70–79 $0 $0 $152,901
80–89 $0 $0 $116,188
90 or older $0 $0 $0
Marital status
Married $0 $0 $136,734
Divorced $0 $0 $98,865
Widowed $0 $0 $69,819
Never married $0 $0 $152,402
Highest education level
Graduate $0 $0 $175,893
Bachelor $0 $0 $137,179
Associate $0 $0 $48,986
High school $0 $0 $52,744
Less than high school $0 $0 $1,114
Current-law poverty status
Above poverty $0 $0 $131,611
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $2,697 $213,519
Second highest $0 $0 $98,865
Middle $0 $0 $41,457
Second lowest $0 $0 $1,114
Lowest $0 $0 $0
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Household Wealth Distribution in 2022
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household wealth (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $1,908 $213,112 $2,172,488
Sex
Female $393 $183,814 $2,028,110
Male $3,000 $252,878 $2,347,292
Race/ethnicity
Hispanic or Latino, any race $0 $42,287 $811,302
White, non-Hispanic $7,287 $302,344 $2,555,825
Black or African American, non-Hispanic $0 $38,855 $568,889
All other races, non-Hispanic $1,253 $180,146 $1,820,020
Country of birth
United States $2,090 $237,342 $2,285,599
Other countries $0 $89,765 $1,448,319
Age
60–69 $1,538 $195,719 $1,923,863
70–79 $2,062 $255,647 $2,536,990
80–89 $431 $172,962 $2,079,979
90 or older $1,160 $136,709 $1,458,458
Marital status
Married $12,791 $379,690 $2,891,916
Divorced $0 $90,175 $1,102,993
Widowed $0 $89,951 $1,122,009
Never married $0 $64,643 $1,243,281
Highest education level
Graduate $58,563 $846,219 $4,625,771
Bachelor $29,752 $579,833 $3,381,927
Associate $5,588 $239,400 $1,867,846
High school $0 $127,203 $1,230,053
Less than high school $0 $23,573 $475,881
Current-law poverty status
Above poverty $3,084 $241,075 $2,272,820
In poverty $0 $3,334 $157,772
Current-law household income quintile
Highest $263,652 $1,986,263 $6,726,943
Second highest $46,855 $599,371 $1,630,481
Middle $14,423 $251,808 $836,161
Second lowest $1,438 $94,251 $399,580
Lowest $0 $14,270 $119,477
Current-law benefit type
Retired worker only $4,255 $274,644 $2,402,677
Widow(er) (includes dually entitled) $0 $73,384 $984,115
Spousal (includes dually entitled) $3,389 $362,660 $3,300,267
Disabled worker only $0 $52,285 $787,478
  Hispanic or Latino, any race
Subtotal $0 $42,287 $811,302
Sex
Female $0 $33,073 $776,818
Male $0 $53,293 $815,218
Country of birth
United States $0 $55,691 $1,002,714
Other countries $0 $33,263 $546,673
Marital status
Married $0 $69,083 $977,695
Divorced $0 $35,204 $412,259
Widowed $0 $11,193 $374,971
Never married $0 $16,467 $473,887
Current-law poverty status
Above poverty $0 $52,387 $866,871
In poverty $0 $2,084 $57,404
Current-law household income quintile
Highest $2,086 $440,459 $3,647,537
Second highest $0 $173,493 $1,330,833
Middle $0 $116,164 $679,254
Second lowest $0 $59,927 $364,939
Lowest $0 $5,938 $71,766
  White, non-Hispanic
Subtotal $7,287 $302,344 $2,555,825
Sex
Female $4,206 $264,668 $2,386,698
Male $11,069 $350,853 $2,769,097
Country of birth
United States $8,217 $308,254 $2,578,533
Other countries $58 $199,677 $2,256,802
Age
60–69 $5,651 $297,944 $2,359,465
70–79 $10,340 $358,663 $2,874,726
80–89 $6,670 $242,267 $2,400,797
90 or older $3,019 $163,279 $1,531,019
Marital status
Married $30,015 $506,505 $3,252,131
Divorced $5 $117,356 $1,250,556
Widowed $1,125 $135,084 $1,302,884
Never married $0 $125,696 $1,638,440
Highest education level
Graduate $75,436 $932,168 $4,789,788
Bachelor $46,805 $686,587 $3,671,942
Associate $12,146 $296,962 $2,128,822
High school $2,000 $167,797 $1,445,118
Less than high school $0 $36,780 $708,734
Current-law poverty status
Above poverty $10,838 $327,326 $2,630,083
In poverty $0 $10,575 $215,670
Current-law household income quintile
Highest $424,842 $2,211,156 $7,060,909
Second highest $87,948 $678,802 $1,694,648
Middle $26,459 $290,254 $886,415
Second lowest $3,992 $105,892 $413,262
Lowest $0 $19,477 $136,067
Current-law benefit type
Retired worker only $14,669 $386,000 $2,804,157
Widow(er) (includes dually entitled) $0 $109,718 $1,124,695
Spousal (includes dually entitled) $15,230 $530,003 $3,720,162
Disabled worker only $0 $89,301 $991,934
  Black or African American, non-Hispanic
Subtotal $0 $38,855 $568,889
Sex
Female $0 $30,746 $477,235
Male $0 $51,358 $648,111
Country of birth
United States $0 $37,459 $520,267
Other countries $0 $49,301 $919,310
Marital status
Married $0 $85,129 $874,288
Divorced $0 $27,999 $410,960
Widowed $0 $12,709 $254,115
Never married $0 $11,679 $274,824
Highest education level
Graduate $1,710 $244,969 $1,537,358
Bachelor $16 $123,724 $1,195,425
Associate $0 $61,890 $648,111
High school $0 $27,043 $358,399
Less than high school $0 $8,529 $120,497
Current-law poverty status
Above poverty $0 $49,301 $633,897
In poverty $0 $1,710 $34,414
Current-law household income quintile
Highest $12,526 $448,866 $2,957,720
Second highest $0 $167,710 $915,687
Middle $0 $76,260 $534,187
Second lowest $0 $39,721 $309,061
Lowest $0 $5,810 $72,259
Current-law benefit type
Retired worker only $0 $55,344 $678,886
Widow(er) (includes dually entitled) $0 $12,582 $216,965
Spousal (includes dually entitled) $0 $60,751 $716,732
Disabled worker only $0 $13,886 $265,803
  All other races, non-Hispanic
Subtotal $1,253 $180,146 $1,820,020
Sex
Female $0 $150,275 $1,848,396
Male $2,567 $206,239 $1,820,020
Country of birth
United States $10 $149,645 $1,699,604
Other countries $1,744 $208,156 $2,055,700
Highest education level
Graduate $55,077 $799,575 $4,683,107
Bachelor $6,021 $423,246 $3,410,436
Associate $2,639 $212,760 $1,509,571
High school $0 $73,414 $784,359
Less than high school $0 $27,267 $426,232
Current-law poverty status
Above poverty $2,069 $213,657 $2,019,631
In poverty $0 $11,697 $116,668
Current-law household income quintile
Highest $120,142 $1,768,764 $6,869,136
Second highest $22,846 $566,584 $1,607,317
Middle $11,783 $243,263 $744,822
Second lowest $0 $115,271 $447,070
Lowest $0 $14,726 $130,747
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Household Wealth Distribution in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household wealth (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $2,668 $242,591 $2,152,958
Sex
Female $1,954 $221,802 $2,071,156
Male $4,884 $265,466 $2,254,795
Race/ethnicity
Hispanic or Latino, any race $0 $75,018 $841,983
White, non-Hispanic $12,685 $341,924 $2,546,776
Black or African American, non-Hispanic $0 $61,203 $640,869
All other races, non-Hispanic $1,609 $207,643 $2,070,171
Country of birth
United States $5,857 $275,549 $2,279,075
Other countries $13 $107,765 $1,413,430
Age
60–69 $2,443 $198,074 $1,584,533
70–79 $2,688 $273,797 $2,394,512
80–89 $4,533 $289,564 $2,651,089
90 or older $3,983 $183,387 $2,395,569
Marital status
Married $17,032 $400,948 $2,839,688
Divorced $156 $119,176 $1,123,078
Widowed $374 $130,892 $1,311,938
Never married $0 $86,154 $1,180,119
Highest education level
Graduate $77,656 $897,407 $4,741,999
Bachelor $42,063 $603,184 $3,337,722
Associate $10,444 $252,176 $1,751,455
High school $737 $138,097 $1,129,844
Less than high school $0 $36,242 $432,712
Current-law poverty status
Above poverty $6,907 $267,114 $2,242,978
In poverty $0 $8,284 $165,440
Current-law household income quintile
Highest $266,129 $1,968,471 $6,598,949
Second highest $68,369 $640,435 $1,671,327
Middle $23,082 $282,183 $838,373
Second lowest $4,324 $117,221 $402,405
Lowest $0 $20,331 $135,235
Current-law benefit type
Retired worker only $7,525 $283,828 $2,335,964
Widow(er) (includes dually entitled) $10 $106,677 $1,137,285
Spousal (includes dually entitled) $2,668 $381,739 $3,162,082
Disabled worker only $173 $98,455 $865,655
  Hispanic or Latino, any race
Subtotal $0 $75,018 $841,983
Sex
Female $0 $62,246 $839,458
Male $144 $85,207 $841,983
Country of birth
United States $28 $122,886 $1,167,031
Other countries $0 $56,562 $538,952
Marital status
Married $1,365 $99,965 $987,270
Divorced $0 $58,559 $711,452
Widowed $0 $34,608 $469,505
Never married $0 $22,719 $504,798
Current-law poverty status
Above poverty $0 $83,906 $905,005
In poverty $0 $4,884 $144,286
Current-law household income quintile
Highest $12,302 $711,452 $3,394,720
Second highest $3,141 $256,754 $1,256,355
Middle $2,403 $146,565 $681,009
Second lowest $1,665 $85,207 $369,429
Lowest $0 $14,592 $102,225
Current-law benefit type
Retired worker only $0 $86,767 $917,782
Widow(er) (includes dually entitled) $0 $32,372 $469,505
Spousal (includes dually entitled) $0 $60,731 $919,740
Disabled worker only $173 $52,933 $493,865
  White, non-Hispanic
Subtotal $12,685 $341,924 $2,546,776
Sex
Female $9,890 $315,526 $2,427,177
Male $16,932 $378,079 $2,695,521
Country of birth
United States $13,887 $353,158 $2,569,874
Other countries $1,629 $197,013 $2,252,520
Age
60–69 $11,503 $276,118 $1,921,589
70–79 $14,414 $396,832 $2,834,322
80–89 $13,326 $378,481 $3,022,326
90 or older $8,321 $226,432 $2,526,675
Marital status
Married $40,066 $548,716 $3,249,388
Divorced $1,726 $151,382 $1,278,176
Widowed $3,391 $188,786 $1,615,641
Never married $124 $162,045 $1,656,012
Highest education level
Graduate $97,929 $989,440 $4,991,689
Bachelor $61,203 $715,195 $3,585,450
Associate $17,200 $309,897 $1,942,805
High school $2,749 $192,628 $1,360,917
Less than high school $0 $48,596 $626,403
Current-law poverty status
Above poverty $17,105 $369,121 $2,632,619
In poverty $0 $14,733 $179,495
Current-law household income quintile
Highest $453,569 $2,182,022 $6,964,338
Second highest $135,678 $729,918 $1,734,227
Middle $45,016 $332,581 $875,063
Second lowest $8,476 $129,087 $417,435
Lowest $0 $27,344 $152,960
Current-law benefit type
Retired worker only $19,728 $398,865 $2,748,276
Widow(er) (includes dually entitled) $1,629 $142,948 $1,342,074
Spousal (includes dually entitled) $18,948 $572,139 $3,596,409
Disabled worker only $1,768 $179,531 $1,041,930
  Black or African American, non-Hispanic
Subtotal $0 $61,203 $640,869
Sex
Female $0 $53,532 $603,184
Male $0 $74,539 $675,356
Country of birth
United States $0 $58,338 $610,194
Other countries $0 $80,254 $840,073
Marital status
Married $1,877 $127,910 $842,753
Divorced $0 $44,817 $425,144
Widowed $0 $36,161 $414,266
Never married $0 $18,464 $385,060
Highest education level
Graduate $13,094 $328,264 $1,628,616
Bachelor $3,858 $171,863 $1,030,677
Associate $0 $93,389 $625,136
High school $0 $35,296 $352,363
Less than high school $0 $7,801 $142,392
Current-law poverty status
Above poverty $0 $76,994 $678,655
In poverty $0 $1,665 $67,687
Current-law household income quintile
Highest $6,143 $481,232 $2,643,093
Second highest $6,648 $223,909 $883,625
Middle $334 $155,724 $625,136
Second lowest $1,222 $66,778 $288,881
Lowest $0 $6,799 $86,268
Current-law benefit type
Retired worker only $0 $81,716 $678,655
Widow(er) (includes dually entitled) $0 $26,476 $459,067
Spousal (includes dually entitled) $0 $69,236 $883,319
Disabled worker only $0 $39,224 $352,999
  All other races, non-Hispanic
Subtotal $1,609 $207,643 $2,070,171
Sex
Female $1,469 $192,630 $2,204,025
Male $1,778 $225,115 $1,998,178
Country of birth
United States $1,632 $180,925 $1,789,506
Other countries $1,596 $239,812 $2,287,975
Marital status
Married $3,317 $317,303 $2,701,956
Divorced $0 $113,923 $938,350
Widowed $0 $103,347 $1,086,898
Never married $0 $87,803 $1,187,978
Highest education level
Graduate $57,384 $1,067,850 $5,802,122
Bachelor $20,859 $497,814 $2,987,819
Associate $2,516 $204,018 $1,647,930
High school $0 $95,834 $817,761
Less than high school $0 $30,159 $339,864
Current-law poverty status
Above poverty $2,516 $234,367 $2,245,447
In poverty $0 $5,283 $181,305
Current-law household income quintile
Highest $151,122 $1,795,971 $6,773,430
Second highest $54,822 $646,286 $1,781,542
Middle $9,750 $254,839 $829,839
Second lowest $3,317 $138,301 $440,525
Lowest $0 $20,004 $134,963
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Household Wealth Distribution in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household wealth (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $8,775 $284,507 $2,210,554
Sex
Female $6,780 $257,397 $2,119,292
Male $11,557 $318,215 $2,295,789
Race/ethnicity
Hispanic or Latino, any race $849 $108,757 $841,422
White, non-Hispanic $23,459 $420,149 $2,594,789
Black or African American, non-Hispanic $6 $103,643 $958,567
All other races, non-Hispanic $11,863 $398,262 $3,704,672
Country of birth
United States $14,031 $341,295 $2,310,922
Other countries $731 $144,844 $1,730,711
Age
60–69 $3,696 $247,147 $2,106,872
70–79 $8,908 $285,217 $2,168,319
80–89 $11,875 $295,489 $2,186,906
90 or older $17,723 $396,275 $2,600,013
Marital status
Married $25,221 $439,609 $2,904,506
Divorced $1,164 $176,781 $1,466,049
Widowed $5,105 $179,007 $1,499,805
Never married $100 $141,253 $1,436,318
Highest education level
Graduate $115,716 $993,752 $4,897,749
Bachelor $62,984 $687,313 $3,405,019
Associate $14,523 $258,217 $1,433,232
High school $1,116 $142,160 $983,582
Less than high school $0 $52,632 $410,769
Current-law poverty status
Above poverty $13,247 $309,984 $2,280,103
In poverty $0 $11,410 $142,119
Current-law household income quintile
Highest $234,800 $1,960,403 $6,226,820
Second highest $93,265 $743,697 $1,800,651
Middle $45,093 $368,343 $914,255
Second lowest $12,962 $144,814 $410,617
Lowest $0 $28,899 $151,168
Current-law benefit type
Retired worker only $13,717 $330,471 $2,364,467
Widow(er) (includes dually entitled) $1,004 $140,162 $1,298,956
Spousal (includes dually entitled) $1,018 $323,718 $2,695,367
Disabled worker only $1,123 $169,627 $1,181,721
  Hispanic or Latino, any race
Subtotal $849 $108,757 $841,422
Sex
Female $81 $98,014 $797,857
Male $1,121 $120,700 $899,117
Country of birth
United States $2,263 $178,671 $1,178,378
Other countries $0 $76,400 $626,572
Age
60–69 $753 $112,928 $891,685
70–79 $875 $116,193 $854,934
80–89 $872 $96,345 $763,474
90 or older $684 $87,906 $1,106,265
Marital status
Married $1,830 $156,735 $1,022,341
Divorced $0 $86,207 $840,970
Widowed $423 $58,018 $458,846
Never married $0 $76,400 $758,549
Highest education level
Graduate $48,423 $487,834 $2,334,707
Bachelor $16,698 $313,615 $1,824,897
Associate $3,487 $193,266 $1,016,075
High school $918 $102,902 $693,475
Less than high school $0 $53,865 $346,192
Current-law poverty status
Above poverty $1,048 $122,423 $892,545
In poverty $0 $11,665 $128,300
Current-law household income quintile
Highest $8,273 $474,698 $3,468,677
Second highest $13,049 $341,085 $1,329,056
Middle $16,600 $232,660 $791,143
Second lowest $2,290 $116,441 $375,270
Lowest $0 $24,372 $139,628
Current-law benefit type
Retired worker only $1,221 $128,387 $950,084
Widow(er) (includes dually entitled) $0 $57,139 $440,866
Spousal (includes dually entitled) $0 $91,243 $809,951
Disabled worker only $95 $117,363 $738,470
  White, non-Hispanic
Subtotal $23,459 $420,149 $2,594,789
Sex
Female $19,352 $376,834 $2,493,026
Male $30,803 $469,986 $2,810,757
Country of birth
United States $26,863 $431,258 $2,592,052
Other countries $1,781 $283,518 $2,654,731
Age
60–69 $17,344 $380,199 $2,640,490
70–79 $23,366 $429,789 $2,547,148
80–89 $27,042 $414,181 $2,517,417
90 or older $35,098 $506,121 $3,012,599
Marital status
Married $56,393 $620,255 $3,312,103
Divorced $8,706 $239,768 $1,735,898
Widowed $15,304 $267,564 $1,837,588
Never married $3,146 $253,555 $1,820,230
Highest education level
Graduate $147,538 $1,086,144 $4,871,945
Bachelor $99,991 $833,990 $3,703,120
Associate $27,430 $327,480 $1,642,992
High school $6,801 $197,749 $1,180,170
Less than high school $0 $60,916 $530,851
Current-law poverty status
Above poverty $31,388 $446,074 $2,665,586
In poverty $0 $12,836 $164,339
Current-law household income quintile
Highest $522,151 $2,232,827 $6,628,827
Second highest $175,485 $855,799 $1,844,070
Middle $80,114 $414,051 $946,474
Second lowest $22,721 $165,671 $427,905
Lowest $0 $35,300 $163,244
Current-law benefit type
Retired worker only $34,892 $484,003 $2,847,923
Widow(er) (includes dually entitled) $6,504 $195,980 $1,502,707
Spousal (includes dually entitled) $13,846 $507,274 $3,123,096
Disabled worker only $8,675 $271,366 $1,671,462
  Black or African American, non-Hispanic
Subtotal $6 $103,643 $958,567
Sex
Female $0 $92,088 $762,353
Male $66 $125,098 $1,042,453
Country of birth
United States $66 $102,863 $942,569
Other countries $0 $120,116 $1,004,698
Age
60–69 $0 $82,994 $1,091,938
70–79 $496 $117,676 $1,004,698
80–89 $878 $112,860 $694,776
90 or older $634 $95,752 $552,440
Marital status
Married $4,485 $216,050 $1,407,197
Divorced $0 $71,125 $725,356
Widowed $206 $94,794 $607,911
Never married $0 $55,185 $667,456
Highest education level
Graduate $44,657 $535,954 $2,315,766
Bachelor $17,804 $298,432 $1,593,179
Associate $468 $92,091 $605,515
High school $0 $50,758 $463,936
Less than high school $0 $24,520 $237,773
Current-law poverty status
Above poverty $882 $126,514 $1,003,650
In poverty $0 $1,760 $81,108
Current-law household income quintile
Highest $25,649 $828,879 $2,941,148
Second highest $9,226 $449,881 $1,466,049
Middle $12,596 $239,455 $754,996
Second lowest $5,938 $110,626 $354,598
Lowest $0 $17,066 $120,506
Current-law benefit type
Retired worker only $435 $118,949 $999,158
Widow(er) (includes dually entitled) $0 $55,570 $589,202
Spousal (includes dually entitled) $0 $156,079 $1,265,668
Disabled worker only $0 $49,599 $601,394
  All other races, non-Hispanic
Subtotal $11,863 $398,262 $3,704,672
Sex
Female $10,012 $324,686 $3,717,208
Male $16,292 $479,379 $3,704,672
Country of birth
United States $13,127 $351,318 $3,155,644
Other countries $10,794 $413,089 $3,953,758
Age
60–69 $13,569 $322,000 $4,243,492
70–79 $12,521 $466,000 $3,943,662
80–89 $10,072 $365,209 $3,173,137
90 or older $8,716 $410,442 $3,246,336
Marital status
Married $24,945 $595,867 $4,694,092
Divorced $1,032 $205,543 $2,077,733
Widowed $1,570 $245,754 $2,179,586
Never married $2,895 $201,457 $2,424,593
Highest education level
Graduate $55,461 $1,209,523 $6,837,270
Bachelor $23,418 $589,108 $3,628,671
Associate $12,611 $220,919 $1,552,009
High school $1,032 $139,561 $1,032,801
Less than high school $0 $42,116 $329,556
Current-law poverty status
Above poverty $15,071 $436,017 $3,871,409
In poverty $0 $24,536 $279,014
Current-law household income quintile
Highest $319,788 $2,279,904 $7,591,353
Second highest $93,289 $838,903 $2,023,289
Middle $50,904 $404,071 $1,025,726
Second lowest $12,521 $152,168 $445,422
Lowest $0 $34,338 $181,664
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Household Wealth Distribution in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household wealth (2022 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $9,970 $346,684 $2,775,131
Sex
Female $7,737 $311,187 $2,571,657
Male $12,520 $390,357 $2,968,967
Race/ethnicity
Hispanic or Latino, any race $583 $148,090 $1,186,355
White, non-Hispanic $30,137 $534,172 $3,307,877
Black or African American, non-Hispanic $0 $140,258 $1,312,893
All other races, non-Hispanic $13,746 $536,169 $4,931,310
Country of birth
United States $15,906 $402,890 $2,842,353
Other countries $136 $187,347 $2,436,358
Age
60–69 $7,289 $283,326 $2,499,034
70–79 $9,151 $355,469 $2,875,364
80–89 $11,802 $382,624 $2,889,771
90 or older $18,958 $424,907 $2,709,325
Marital status
Married $34,456 $537,187 $3,523,912
Divorced $2,100 $239,988 $2,130,012
Widowed $6,994 $224,154 $1,802,764
Never married $610 $193,901 $2,109,187
Highest education level
Graduate $99,732 $1,056,756 $5,597,560
Bachelor $64,412 $826,505 $4,367,749
Associate $14,359 $293,053 $1,645,207
High school $848 $181,186 $1,246,532
Less than high school $0 $70,211 $576,719
Current-law poverty status
Above poverty $13,063 $366,819 $2,835,565
In poverty $0 $11,828 $176,691
Current-law household income quintile
Highest $208,360 $2,349,907 $7,848,352
Second highest $87,277 $895,277 $2,361,136
Middle $51,521 $463,393 $1,123,089
Second lowest $15,709 $185,552 $523,480
Lowest $0 $35,511 $189,844
Current-law benefit type
Retired worker only $15,435 $408,816 $2,992,491
Widow(er) (includes dually entitled) $663 $169,664 $1,578,944
Spousal (includes dually entitled) $0 $345,883 $3,033,661
Disabled worker only $4,600 $180,333 $1,324,604
  Hispanic or Latino, any race
Subtotal $583 $148,090 $1,186,355
Sex
Female $486 $143,138 $1,115,124
Male $697 $154,552 $1,271,691
Country of birth
United States $3,647 $202,182 $1,423,742
Other countries $0 $90,258 $829,496
Age
60–69 $640 $156,309 $1,186,355
70–79 $573 $149,701 $1,220,941
80–89 $424 $138,115 $1,241,210
90 or older $499 $122,738 $798,197
Marital status
Married $10,459 $224,933 $1,467,094
Divorced $0 $118,954 $1,046,600
Widowed $499 $81,004 $601,566
Never married $0 $88,436 $875,921
Highest education level
Graduate $37,994 $501,719 $2,726,668
Bachelor $12,115 $411,691 $2,606,950
Associate $8,854 $209,901 $1,107,323
High school $537 $142,657 $939,637
Less than high school $0 $65,161 $518,551
Current-law poverty status
Above poverty $755 $158,266 $1,220,618
In poverty $0 $13,842 $140,785
Current-law household income quintile
Highest $10,734 $720,677 $4,241,220
Second highest $17,280 $496,425 $1,910,709
Middle $19,530 $315,890 $963,569
Second lowest $6,785 $141,869 $435,760
Lowest $0 $29,706 $179,508
Current-law benefit type
Retired worker only $1,242 $173,246 $1,299,375
Widow(er) (includes dually entitled) $0 $73,803 $636,557
Spousal (includes dually entitled) $0 $140,095 $1,414,322
Disabled worker only $2,700 $144,253 $896,872
  White, non-Hispanic
Subtotal $30,137 $534,172 $3,307,877
Sex
Female $24,224 $472,528 $3,044,741
Male $39,443 $600,806 $3,490,549
Country of birth
United States $34,098 $549,003 $3,321,346
Other countries $2,538 $365,042 $3,141,338
Age
60–69 $25,241 $472,042 $3,202,646
70–79 $30,462 $558,371 $3,481,430
80–89 $30,568 $546,351 $3,241,553
90 or older $47,544 $579,611 $2,930,680
Marital status
Married $79,096 $759,141 $4,228,520
Divorced $12,635 $351,776 $2,568,145
Widowed $21,049 $368,872 $2,178,987
Never married $9,735 $371,697 $2,508,964
Highest education level
Graduate $153,461 $1,239,818 $5,868,666
Bachelor $109,301 $1,003,214 $4,624,091
Associate $25,734 $385,044 $1,888,437
High school $9,694 $260,092 $1,486,143
Less than high school $422 $111,316 $783,059
Current-law poverty status
Above poverty $37,085 $552,239 $3,340,876
In poverty $0 $11,755 $203,923
Current-law household income quintile
Highest $584,667 $2,790,434 $8,514,801
Second highest $202,415 $1,068,664 $2,475,902
Middle $107,602 $532,644 $1,169,524
Second lowest $30,653 $214,718 $558,868
Lowest $0 $44,450 $207,640
Current-law benefit type
Retired worker only $43,969 $611,294 $3,481,430
Widow(er) (includes dually entitled) $7,444 $260,411 $2,041,205
Spousal (includes dually entitled) $18,171 $622,791 $3,889,391
Disabled worker only $14,164 $287,058 $1,927,837
  Black or African American, non-Hispanic
Subtotal $0 $140,258 $1,312,893
Sex
Female $0 $133,839 $1,078,568
Male $90 $146,714 $1,477,267
Country of birth
United States $112 $144,910 $1,339,034
Other countries $0 $103,748 $1,080,544
Age
60–69 $0 $101,519 $1,194,338
70–79 $0 $136,307 $1,304,399
80–89 $583 $195,785 $1,407,827
90 or older $13,247 $231,471 $1,339,034
Marital status
Married $6,266 $286,893 $1,883,588
Divorced $0 $130,615 $1,137,801
Widowed $156 $103,748 $1,111,006
Never married $0 $95,238 $999,591
Highest education level
Graduate $33,102 $568,015 $2,704,353
Bachelor $25,056 $441,110 $1,951,590
Associate $32 $123,578 $961,713
High school $0 $61,916 $563,199
Less than high school $0 $34,919 $322,369
Current-law poverty status
Above poverty $155 $152,642 $1,346,402
In poverty $0 $6,048 $95,689
Current-law household income quintile
Highest $11,684 $979,939 $4,501,359
Second highest $7,141 $512,013 $2,084,753
Middle $8,127 $323,623 $970,392
Second lowest $6,266 $157,041 $511,147
Lowest $0 $23,115 $152,917
Current-law benefit type
Retired worker only $90 $164,356 $1,391,672
Widow(er) (includes dually entitled) $0 $70,896 $819,198
Spousal (includes dually entitled) $0 $152,642 $1,935,638
Disabled worker only $0 $85,452 $810,443
  All other races, non-Hispanic
Subtotal $13,746 $536,169 $4,931,310
Sex
Female $9,793 $431,953 $4,865,783
Male $25,032 $638,148 $5,068,506
Country of birth
United States $25,501 $626,390 $5,007,575
Other countries $10,438 $484,607 $4,908,356
Age
60–69 $20,739 $541,010 $5,122,115
70–79 $10,438 $543,939 $4,985,848
80–89 $14,157 $497,163 $4,787,978
90 or older $20,608 $581,110 $4,642,500
Marital status
Married $31,059 $779,244 $5,652,572
Divorced $727 $226,296 $2,820,144
Widowed $5,705 $227,953 $2,622,805
Never married $12,933 $431,953 $5,487,887
Highest education level
Graduate $78,057 $1,302,775 $7,956,791
Bachelor $25,030 $772,428 $5,306,815
Associate $11,799 $226,070 $1,802,576
High school $875 $201,520 $2,306,542
Less than high school $0 $38,480 $488,382
Current-law poverty status
Above poverty $17,721 $568,961 $5,068,506
In poverty $0 $26,084 $176,381
Current-law household income quintile
Highest $346,054 $3,056,780 $11,103,499
Second highest $67,022 $930,022 $2,685,179
Middle $56,624 $481,755 $1,187,111
Second lowest $6,994 $195,458 $571,207
Lowest $0 $43,272 $211,227
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Health Status and Costs in 2022
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic In fair or poor health Median expenses (2022 $)
Percentage Number
(in thousands)
Insurance premium Out of pocket
  All beneficiaries
Total 27% 16,428 $2,973 $1,470
Sex
Female 27% 8,759 $2,973 $1,422
Male 28% 7,669 $3,131 $1,523
Race/ethnicity
Hispanic or Latino, any race 40% 2,007 $2,822 $875
White, non-Hispanic 24% 11,048 $3,177 $1,687
Black or African American, non-Hispanic 41% 2,408 $2,822 $751
All other races, non-Hispanic 31% 965 $3,131 $1,518
Country of birth
United States 26% 13,780 $3,057 $1,532
Other countries 35% 2,648 $2,896 $1,100
Age
60–69 27% 6,513 $2,822 $1,260
70–79 24% 5,960 $3,285 $1,559
80–89 33% 3,203 $3,285 $1,713
90 or older 43% 752 $2,956 $1,845
Marital status
Married 25% 8,751 $3,811 $1,883
Divorced 27% 2,768 $2,822 $975
Widowed 33% 3,740 $2,822 $1,061
Never married 31% 1,169 $2,822 $845
Highest education level
Graduate 17% 1,254 $3,304 $1,927
Bachelor 19% 1,969 $3,223 $1,874
Associate 24% 3,167 $2,973 $1,407
High school 30% 7,141 $2,956 $1,353
Less than high school 51% 2,895 $2,822 $901
Current-law poverty status
Above poverty 27% 15,353 $3,131 $1,529
In poverty 38% 1,075 $2,592 $586
Current-law household income quintile
Highest 16% 1,939 $3,652 $2,322
Second highest 24% 2,869 $3,304 $1,722
Middle 28% 3,336 $3,131 $1,511
Second lowest 32% 3,897 $2,973 $1,277
Lowest 36% 4,387 $2,822 $829
Current-law benefit type
Retired worker only 25% 10,178 $3,196 $1,543
Widow(er) (includes dually entitled) 32% 3,365 $2,822 $1,071
Spousal (includes dually entitled) 25% 1,497 $4,119 $1,934
Disabled worker only 52% 1,388 $2,822 $1,072
  Hispanic or Latino, any race
Subtotal 40% 2,007 $2,822 $875
Sex
Female 39% 1,031 $2,822 $865
Male 41% 976 $2,822 $881
Country of birth
United States 32% 767 $2,822 $929
Other countries 47% 1,240 $2,822 $810
Marital status
Married 40% 1,221 $3,524 $988
Divorced 29% 214 $2,822 $681
Widowed 45% 443 $2,822 $729
Never married 40% 129 $2,822 $546
Current-law poverty status
Above poverty 39% 1,805 $2,822 $893
In poverty 45% 203 $1,739 $478
Current-law household income quintile
Highest 29% 185 $3,201 $1,191
Second highest 29% 203 $3,285 $982
Middle 43% 367 $2,983 $924
Second lowest 45% 503 $2,822 $944
Lowest 43% 750 $2,822 $630
  White, non-Hispanic
Subtotal 24% 11,048 $3,177 $1,687
Sex
Female 23% 5,824 $3,131 $1,641
Male 25% 5,224 $3,201 $1,736
Country of birth
United States 24% 10,381 $3,183 $1,697
Other countries 27% 667 $3,131 $1,503
Age
60–69 23% 3,931 $2,860 $1,492
70–79 21% 4,038 $3,304 $1,755
80–89 30% 2,445 $3,304 $1,906
90 or older 41% 634 $2,956 $1,955
Marital status
Married 22% 5,931 $3,890 $2,134
Divorced 25% 1,938 $2,822 $1,076
Widowed 29% 2,559 $2,822 $1,198
Never married 25% 619 $2,822 $1,048
Highest education level
Graduate 16% 995 $3,304 $2,067
Bachelor 18% 1,494 $3,285 $2,008
Associate 22% 2,299 $3,131 $1,565
High school 27% 4,970 $2,973 $1,559
Less than high school 47% 1,289 $2,956 $1,218
Current-law poverty status
Above poverty 24% 10,516 $3,201 $1,721
In poverty 34% 531 $2,822 $773
Current-law household income quintile
Highest 14% 1,460 $3,663 $2,546
Second highest 22% 2,194 $3,355 $1,881
Middle 25% 2,344 $3,201 $1,692
Second lowest 29% 2,595 $2,973 $1,435
Lowest 32% 2,454 $2,822 $963
Current-law benefit type
Retired worker only 22% 6,838 $3,285 $1,760
Widow(er) (includes dually entitled) 29% 2,388 $2,822 $1,202
Spousal (includes dually entitled) 22% 1,031 $4,000 $2,195
Disabled worker only 48% 790 $2,822 $1,298
  Black or African American, non-Hispanic
Subtotal 41% 2,408 $2,822 $751
Sex
Female 42% 1,383 $2,822 $718
Male 40% 1,025 $2,822 $787
Country of birth
United States 42% 2,141 $2,822 $754
Other countries 37% 267 $2,822 $742
Marital status
Married 39% 1,005 $3,506 $1,010
Divorced 38% 476 $2,822 $593
Widowed 48% 557 $2,822 $628
Never married 43% 370 $2,822 $537
Highest education level
Graduate 32% 156 $3,201 $976
Bachelor 26% 176 $2,896 $982
Associate 36% 459 $2,822 $770
High school 43% 1,168 $2,822 $713
Less than high school 61% 449 $2,822 $663
Current-law poverty status
Above poverty 41% 2,158 $2,822 $809
In poverty 45% 251 $2,166 $285
Current-law household income quintile
Highest 35% 207 $3,506 $1,098
Second highest 35% 318 $2,896 $1,032
Middle 38% 427 $2,896 $832
Second lowest 43% 564 $2,822 $759
Lowest 46% 892 $2,822 $580
Current-law benefit type
Retired worker only 37% 1,443 $2,822 $769
Widow(er) (includes dually entitled) 46% 497 $2,822 $651
Spousal (includes dually entitled) 42% 134 $4,900 $890
Disabled worker only 58% 335 $2,822 $704
  All other races, non-Hispanic
Subtotal 31% 965 $3,131 $1,518
Sex
Female 31% 521 $2,971 $1,419
Male 32% 444 $3,131 $1,599
Country of birth
United States 34% 491 $2,896 $1,549
Other countries 29% 473 $3,131 $1,488
Highest education level
Graduate 19% 71 $3,506 $1,830
Bachelor 23% 176 $3,177 $1,887
Associate 31% 173 $3,131 $1,429
High school 33% 366 $2,896 $1,448
Less than high school 60% 178 $2,822 $803
Current-law poverty status
Above poverty 31% 874 $3,176 $1,599
In poverty 42% 90 $2,166 $638
Current-law household income quintile
Highest 15% 87 $3,770 $2,607
Second highest 28% 154 $3,131 $1,769
Middle 38% 197 $3,201 $1,551
Second lowest 34% 235 $3,201 $1,404
Lowest 39% 291 $2,822 $862
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Health Status and Costs in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic In fair or poor health Median expenses (2022 $)
Percentage Number
(in thousands)
Insurance premium Out of pocket
  All beneficiaries
Total 28% 19,702 $3,660 $1,663
Sex
Female 27% 10,320 $3,640 $1,670
Male 28% 9,382 $3,707 $1,655
Race/ethnicity
Hispanic or Latino, any race 38% 2,981 $3,460 $1,024
White, non-Hispanic 24% 12,632 $3,855 $1,937
Black or African American, non-Hispanic 40% 2,866 $3,460 $844
All other races, non-Hispanic 30% 1,223 $3,855 $1,771
Country of birth
United States 26% 15,903 $3,660 $1,737
Other countries 34% 3,799 $3,567 $1,256
Age
60–69 27% 6,270 $3,460 $1,374
70–79 25% 7,657 $3,942 $1,680
80–89 32% 4,762 $4,045 $2,046
90 or older 39% 1,013 $3,567 $2,210
Marital status
Married 26% 10,645 $4,693 $2,153
Divorced 28% 3,647 $3,460 $1,109
Widowed 30% 3,848 $3,460 $1,245
Never married 31% 1,561 $3,460 $887
Highest education level
Graduate 19% 1,632 $3,942 $2,291
Bachelor 20% 2,761 $3,855 $2,142
Associate 26% 4,139 $3,660 $1,597
High school 31% 8,269 $3,567 $1,492
Less than high school 49% 2,901 $3,460 $986
Current-law poverty status
Above poverty 27% 18,450 $3,855 $1,715
In poverty 39% 1,252 $3,460 $710
Current-law household income quintile
Highest 17% 2,479 $4,261 $2,664
Second highest 26% 3,710 $3,942 $1,938
Middle 29% 4,097 $3,855 $1,721
Second lowest 31% 4,403 $3,660 $1,364
Lowest 35% 5,013 $3,460 $962
Current-law benefit type
Retired worker only 26% 12,911 $3,855 $1,726
Widow(er) (includes dually entitled) 31% 3,581 $3,460 $1,273
Spousal (includes dually entitled) 29% 1,859 $5,072 $2,200
Disabled worker only 49% 1,351 $3,460 $1,189
  Hispanic or Latino, any race
Subtotal 38% 2,981 $3,460 $1,024
Sex
Female 34% 1,382 $3,460 $1,058
Male 41% 1,598 $3,460 $1,002
Country of birth
United States 32% 1,082 $3,460 $1,131
Other countries 42% 1,899 $3,460 $948
Marital status
Married 38% 1,899 $4,261 $1,185
Divorced 36% 386 $3,460 $792
Widowed 38% 520 $3,460 $852
Never married 35% 175 $3,460 $732
Current-law poverty status
Above poverty 37% 2,726 $3,460 $1,070
In poverty 45% 255 $3,460 $592
Current-law household income quintile
Highest 27% 234 $3,855 $1,401
Second highest 38% 513 $3,855 $1,128
Middle 40% 564 $3,460 $1,203
Second lowest 36% 670 $3,460 $990
Lowest 41% 999 $3,460 $792
Current-law benefit type
Retired worker only 35% 1,931 $3,460 $1,068
Widow(er) (includes dually entitled) 40% 420 $3,460 $832
Spousal (includes dually entitled) 38% 313 $5,334 $1,148
Disabled worker only 60% 317 $3,460 $941
  White, non-Hispanic
Subtotal 24% 12,632 $3,855 $1,937
Sex
Female 24% 6,710 $3,855 $1,907
Male 25% 5,922 $3,926 $1,963
Country of birth
United States 24% 11,744 $3,855 $1,954
Other countries 27% 888 $3,942 $1,688
Age
60–69 22% 3,366 $3,460 $1,683
70–79 22% 4,961 $4,045 $1,933
80–89 29% 3,471 $4,045 $2,282
90 or older 37% 833 $3,567 $2,384
Marital status
Married 23% 6,871 $4,781 $2,536
Divorced 25% 2,433 $3,460 $1,268
Widowed 27% 2,526 $3,460 $1,471
Never married 25% 802 $3,460 $1,088
Highest education level
Graduate 18% 1,263 $4,045 $2,434
Bachelor 19% 2,038 $3,942 $2,381
Associate 24% 2,921 $3,855 $1,793
High school 28% 5,353 $3,660 $1,753
Less than high school 44% 1,058 $3,460 $1,320
Current-law poverty status
Above poverty 24% 12,019 $3,942 $1,987
In poverty 34% 613 $3,460 $959
Current-law household income quintile
Highest 15% 1,803 $4,317 $2,972
Second highest 23% 2,615 $4,045 $2,205
Middle 25% 2,699 $3,888 $1,931
Second lowest 28% 2,791 $3,660 $1,591
Lowest 32% 2,724 $3,460 $1,121
Current-law benefit type
Retired worker only 22% 8,234 $3,942 $2,020
Widow(er) (includes dually entitled) 28% 2,427 $3,460 $1,461
Spousal (includes dually entitled) 26% 1,277 $4,925 $2,549
Disabled worker only 46% 694 $3,460 $1,589
  Black or African American, non-Hispanic
Subtotal 40% 2,866 $3,460 $844
Sex
Female 39% 1,550 $3,460 $877
Male 40% 1,317 $3,460 $818
Country of birth
United States 40% 2,491 $3,460 $854
Other countries 38% 376 $3,460 $803
Marital status
Married 37% 1,149 $4,575 $1,164
Divorced 38% 643 $3,460 $726
Widowed 45% 572 $3,460 $772
Never married 43% 502 $3,460 $547
Highest education level
Graduate 30% 192 $3,567 $1,345
Bachelor 32% 318 $3,460 $1,042
Associate 35% 594 $3,460 $812
High school 42% 1,402 $3,460 $790
Less than high school 59% 360 $3,460 $684
Current-law poverty status
Above poverty 39% 2,572 $3,460 $899
In poverty 46% 295 $2,667 $330
Current-law household income quintile
Highest 31% 251 $3,660 $1,112
Second highest 36% 386 $3,567 $1,082
Middle 39% 589 $3,497 $1,035
Second lowest 42% 660 $3,460 $788
Lowest 43% 979 $3,460 $624
Current-law benefit type
Retired worker only 38% 1,944 $3,460 $899
Widow(er) (includes dually entitled) 43% 532 $3,460 $698
Spousal (includes dually entitled) 34% 123 $5,779 $937
Disabled worker only 49% 268 $3,460 $693
  All other races, non-Hispanic
Subtotal 30% 1,223 $3,855 $1,771
Sex
Female 30% 678 $3,640 $1,811
Male 30% 544 $3,855 $1,701
Country of birth
United States 33% 586 $3,567 $1,693
Other countries 27% 636 $3,868 $1,804
Marital status
Married 29% 726 $5,006 $2,210
Divorced 30% 185 $3,460 $1,063
Widowed 31% 230 $3,460 $1,203
Never married 33% 82 $3,460 $1,060
Highest education level
Graduate 22% 124 $4,497 $2,469
Bachelor 23% 253 $3,893 $2,049
Associate 30% 215 $3,567 $1,669
High school 34% 479 $3,587 $1,630
Less than high school 48% 151 $3,460 $888
Current-law poverty status
Above poverty 29% 1,133 $3,855 $1,842
In poverty 39% 89 $2,667 $684
Current-law household income quintile
Highest 22% 191 $4,317 $2,839
Second highest 28% 196 $3,855 $2,049
Middle 33% 245 $3,942 $1,787
Second lowest 34% 281 $3,855 $1,677
Lowest 33% 310 $3,460 $1,060
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Health Status and Costs in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic In fair or poor health Median expenses (2022 $)
Percentage Number
(in thousands)
Insurance premium Out of pocket
  All beneficiaries
Total 30% 25,090 $5,616 $2,508
Sex
Female 29% 13,052 $5,449 $2,562
Male 31% 12,038 $5,616 $2,446
Race/ethnicity
Hispanic or Latino, any race 39% 6,111 $5,449 $1,634
White, non-Hispanic 26% 13,572 $5,733 $3,031
Black or African American, non-Hispanic 40% 3,484 $5,449 $1,376
All other races, non-Hispanic 29% 1,922 $6,071 $2,988
Country of birth
United States 28% 18,207 $5,616 $2,668
Other countries 36% 6,883 $5,449 $1,982
Age
60–69 28% 6,785 $5,449 $2,107
70–79 26% 8,115 $5,764 $2,411
80–89 34% 7,190 $6,208 $2,911
90 or older 39% 3,000 $5,764 $3,370
Marital status
Married 28% 12,163 $7,518 $3,280
Divorced 29% 4,415 $5,449 $1,791
Widowed 34% 5,321 $5,449 $2,015
Never married 32% 3,191 $5,449 $1,515
Highest education level
Graduate 21% 2,517 $5,764 $3,521
Bachelor 24% 4,432 $5,764 $3,361
Associate 27% 5,153 $5,496 $2,370
High school 35% 9,153 $5,449 $2,115
Less than high school 49% 3,835 $5,449 $1,381
Current-law poverty status
Above poverty 30% 23,801 $5,616 $2,580
In poverty 39% 1,289 $5,449 $1,077
Current-law household income quintile
Highest 21% 3,490 $5,764 $3,981
Second highest 27% 4,555 $6,071 $3,034
Middle 31% 5,125 $5,764 $2,603
Second lowest 34% 5,728 $5,764 $2,084
Lowest 37% 6,192 $5,449 $1,417
Current-law benefit type
Retired worker only 28% 17,180 $5,616 $2,614
Widow(er) (includes dually entitled) 34% 4,226 $5,449 $1,956
Spousal (includes dually entitled) 29% 1,952 $9,649 $2,915
Disabled worker only 51% 1,731 $5,449 $1,969
  Hispanic or Latino, any race
Subtotal 39% 6,111 $5,449 $1,634
Sex
Female 38% 3,001 $5,449 $1,597
Male 40% 3,110 $5,449 $1,668
Country of birth
United States 35% 2,353 $5,449 $1,872
Other countries 42% 3,758 $5,449 $1,466
Age
60–69 44% 2,388 $5,449 $1,547
70–79 33% 2,149 $5,616 $1,548
80–89 40% 1,234 $5,449 $1,894
90 or older 54% 341 $5,616 $2,043
Marital status
Married 38% 3,324 $7,988 $1,961
Divorced 38% 771 $5,449 $1,205
Widowed 42% 1,274 $5,449 $1,285
Never married 40% 743 $5,449 $1,197
Highest education level
Graduate 28% 231 $5,449 $2,240
Bachelor 30% 442 $5,449 $2,414
Associate 31% 802 $5,449 $1,888
High school 38% 2,324 $5,449 $1,613
Less than high school 49% 2,311 $5,449 $1,232
Current-law poverty status
Above poverty 38% 5,695 $5,449 $1,678
In poverty 46% 416 $5,058 $992
Current-law household income quintile
Highest 34% 636 $5,449 $2,263
Second highest 36% 882 $5,470 $1,819
Middle 36% 1,120 $5,449 $1,930
Second lowest 41% 1,534 $6,071 $1,571
Lowest 43% 1,939 $5,449 $1,144
Current-law benefit type
Retired worker only 37% 4,121 $5,449 $1,690
Widow(er) (includes dually entitled) 39% 858 $5,449 $1,254
Spousal (includes dually entitled) 36% 585 $9,649 $1,641
Disabled worker only 67% 546 $5,449 $1,847
  White, non-Hispanic
Subtotal 26% 13,572 $5,733 $3,031
Sex
Female 25% 7,055 $5,764 $3,074
Male 27% 6,517 $5,733 $2,974
Country of birth
United States 25% 12,284 $5,733 $3,066
Other countries 30% 1,288 $5,764 $2,615
Age
60–69 22% 3,128 $5,449 $2,568
70–79 22% 3,931 $6,176 $2,989
80–89 30% 4,322 $6,371 $3,323
90 or older 37% 2,191 $5,764 $3,715
Marital status
Married 24% 6,718 $7,390 $3,978
Divorced 25% 2,574 $5,449 $2,074
Widowed 31% 3,047 $5,449 $2,441
Never married 26% 1,234 $5,449 $2,038
Highest education level
Graduate 19% 1,625 $5,764 $3,840
Bachelor 22% 2,939 $5,764 $3,728
Associate 24% 3,151 $5,733 $2,716
High school 31% 4,810 $5,616 $2,588
Less than high school 47% 1,046 $5,449 $1,826
Current-law poverty status
Above poverty 26% 13,053 $5,764 $3,081
In poverty 35% 519 $5,449 $1,495
Current-law household income quintile
Highest 18% 2,162 $6,071 $4,496
Second highest 24% 2,809 $6,087 $3,467
Middle 27% 2,967 $6,208 $2,943
Second lowest 30% 2,990 $5,764 $2,444
Lowest 32% 2,644 $5,449 $1,795
Current-law benefit type
Retired worker only 24% 9,134 $5,764 $3,200
Widow(er) (includes dually entitled) 31% 2,557 $5,449 $2,372
Spousal (includes dually entitled) 26% 1,066 $9,644 $3,514
Disabled worker only 44% 815 $5,449 $2,427
  Black or African American, non-Hispanic
Subtotal 40% 3,484 $5,449 $1,376
Sex
Female 42% 1,909 $5,449 $1,435
Male 38% 1,575 $5,449 $1,290
Country of birth
United States 39% 2,896 $5,449 $1,361
Other countries 42% 589 $5,449 $1,471
Age
60–69 35% 964 $5,311 $1,217
70–79 38% 1,289 $5,449 $1,314
80–89 48% 958 $5,616 $1,644
90 or older 46% 273 $5,616 $1,696
Marital status
Married 40% 1,134 $7,289 $2,206
Divorced 38% 785 $5,449 $1,041
Widowed 42% 554 $5,449 $1,152
Never married 40% 1,012 $5,449 $1,049
Highest education level
Graduate 31% 285 $5,449 $1,991
Bachelor 36% 541 $5,449 $1,758
Associate 39% 858 $5,449 $1,249
High school 42% 1,471 $5,449 $1,251
Less than high school 55% 330 $5,449 $899
Current-law poverty status
Above poverty 40% 3,225 $5,449 $1,452
In poverty 38% 259 $4,200 $631
Current-law household income quintile
Highest 28% 279 $5,449 $1,938
Second highest 37% 516 $5,449 $1,872
Middle 43% 711 $5,449 $1,689
Second lowest 42% 799 $5,449 $1,305
Lowest 42% 1,180 $5,449 $899
Current-law benefit type
Retired worker only 38% 2,586 $5,449 $1,413
Widow(er) (includes dually entitled) 45% 457 $5,449 $1,079
Spousal (includes dually entitled) 40% 130 $8,868 $2,149
Disabled worker only 54% 311 $5,449 $1,169
  All other races, non-Hispanic
Subtotal 29% 1,922 $6,071 $2,988
Sex
Female 29% 1,087 $6,071 $2,976
Male 30% 835 $5,764 $3,012
Country of birth
United States 33% 675 $5,449 $2,666
Other countries 28% 1,248 $6,071 $3,124
Age
60–69 20% 304 $5,449 $2,420
70–79 27% 746 $6,071 $2,725
80–89 40% 676 $6,407 $3,658
90 or older 40% 196 $6,071 $4,315
Marital status
Married 27% 988 $8,258 $3,663
Divorced 32% 284 $5,449 $2,192
Widowed 36% 447 $5,449 $2,143
Never married 29% 203 $5,449 $1,833
Highest education level
Graduate 23% 375 $6,071 $4,010
Bachelor 25% 510 $5,733 $3,132
Associate 30% 341 $5,764 $2,279
High school 39% 548 $6,071 $2,612
Less than high school 51% 148 $5,449 $1,647
Current-law poverty status
Above poverty 29% 1,828 $6,071 $3,058
In poverty 36% 94 $5,449 $1,256
Current-law household income quintile
Highest 21% 414 $6,071 $3,990
Second highest 30% 348 $6,071 $3,693
Middle 32% 326 $6,071 $3,012
Second lowest 35% 405 $6,371 $2,628
Lowest 35% 429 $5,449 $1,424
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Projected Health Status and Costs in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic In fair or poor health Median expenses (2022 $)
Percentage Number
(in thousands)
Insurance premium Out of pocket
  All beneficiaries
Total 29% 27,589 $8,047 $3,370
Sex
Female 29% 14,038 $8,047 $3,506
Male 30% 13,551 $8,047 $3,223
Race/ethnicity
Hispanic or Latino, any race 36% 8,271 $8,047 $2,253
White, non-Hispanic 25% 13,128 $8,295 $4,186
Black or African American, non-Hispanic 41% 3,828 $8,047 $1,985
All other races, non-Hispanic 26% 2,361 $8,295 $4,412
Country of birth
United States 28% 20,508 $8,047 $3,491
Other countries 34% 7,080 $8,047 $2,937
Age
60–69 29% 7,625 $8,047 $2,951
70–79 26% 9,256 $8,294 $3,240
80–89 32% 7,455 $8,513 $3,819
90 or older 38% 3,253 $8,295 $4,572
Marital status
Married 28% 12,080 $11,637 $4,539
Divorced 29% 5,421 $8,047 $2,510
Widowed 32% 4,682 $8,047 $2,907
Never married 32% 5,406 $8,047 $2,243
Highest education level
Graduate 21% 3,792 $8,295 $4,539
Bachelor 22% 3,979 $8,295 $4,569
Associate 27% 5,458 $8,047 $3,133
High school 34% 9,615 $8,047 $2,874
Less than high school 48% 4,745 $8,047 $1,991
Current-law poverty status
Above poverty 29% 26,670 $8,047 $3,432
In poverty 38% 918 $8,047 $1,526
Current-law household income quintile
Highest 20% 3,781 $8,295 $5,124
Second highest 27% 5,021 $8,295 $3,984
Middle 30% 5,702 $8,513 $3,521
Second lowest 34% 6,413 $8,295 $2,837
Lowest 35% 6,672 $8,047 $2,046
Current-law benefit type
Retired worker only 28% 19,526 $8,047 $3,530
Widow(er) (includes dually entitled) 33% 4,220 $8,047 $2,640
Spousal (includes dually entitled) 27% 1,808 $14,250 $3,674
Disabled worker only 52% 2,035 $8,047 $2,705
  Hispanic or Latino, any race
Subtotal 36% 8,271 $8,047 $2,253
Sex
Female 34% 4,071 $8,047 $2,367
Male 38% 4,200 $8,047 $2,168
Country of birth
United States 33% 4,429 $8,047 $2,378
Other countries 41% 3,843 $8,047 $2,111
Age
60–69 40% 3,287 $8,047 $2,113
70–79 31% 2,690 $8,047 $2,220
80–89 37% 1,648 $8,047 $2,428
90 or older 46% 646 $8,047 $3,009
Marital status
Married 36% 4,049 $12,405 $2,885
Divorced 34% 1,258 $8,047 $1,726
Widowed 37% 1,304 $8,047 $1,809
Never married 38% 1,660 $8,047 $1,649
Highest education level
Graduate 22% 481 $8,047 $2,987
Bachelor 27% 456 $8,047 $3,045
Associate 29% 1,080 $8,047 $2,444
High school 36% 3,124 $8,047 $2,236
Less than high school 49% 3,130 $8,047 $1,774
Current-law poverty status
Above poverty 36% 7,924 $8,047 $2,295
In poverty 45% 347 $8,047 $1,298
Current-law household income quintile
Highest 33% 928 $8,047 $2,825
Second highest 34% 1,277 $8,047 $2,766
Middle 35% 1,574 $8,047 $2,646
Second lowest 38% 2,099 $8,513 $2,261
Lowest 38% 2,393 $8,047 $1,605
Current-law benefit type
Retired worker only 34% 5,557 $8,047 $2,379
Widow(er) (includes dually entitled) 37% 1,162 $8,047 $1,734
Spousal (includes dually entitled) 32% 699 $14,250 $2,337
Disabled worker only 64% 853 $8,047 $2,138
  White, non-Hispanic
Subtotal 25% 13,128 $8,295 $4,186
Sex
Female 24% 6,580 $8,295 $4,307
Male 26% 6,549 $8,295 $4,054
Country of birth
United States 25% 11,961 $8,295 $4,213
Other countries 27% 1,168 $8,047 $3,945
Age
60–69 22% 2,843 $8,047 $3,664
70–79 22% 4,236 $8,513 $4,126
80–89 29% 4,143 $8,966 $4,422
90 or older 34% 1,907 $8,466 $5,368
Marital status
Married 23% 5,950 $11,277 $5,595
Divorced 25% 2,958 $8,047 $3,031
Widowed 29% 2,478 $8,047 $3,427
Never married 25% 1,742 $8,047 $2,780
Highest education level
Graduate 19% 2,218 $8,295 $4,967
Bachelor 20% 2,386 $8,295 $5,289
Associate 25% 3,045 $8,218 $3,625
High school 30% 4,412 $8,047 $3,700
Less than high school 44% 1,068 $8,047 $2,843
Current-law poverty status
Above poverty 25% 12,814 $8,295 $4,246
In poverty 31% 314 $8,047 $1,604
Current-law household income quintile
Highest 16% 1,944 $8,466 $5,898
Second highest 23% 2,669 $8,513 $4,700
Middle 27% 3,022 $8,966 $4,246
Second lowest 30% 2,999 $8,295 $3,327
Lowest 31% 2,495 $8,047 $2,590
Current-law benefit type
Retired worker only 23% 9,270 $8,466 $4,379
Widow(er) (includes dually entitled) 30% 2,325 $8,047 $3,181
Spousal (includes dually entitled) 24% 790 $14,250 $4,747
Disabled worker only 42% 742 $8,047 $3,355
  Black or African American, non-Hispanic
Subtotal 41% 3,828 $8,047 $1,985
Sex
Female 42% 2,072 $8,047 $2,106
Male 39% 1,757 $8,047 $1,826
Country of birth
United States 41% 3,352 $8,047 $2,051
Other countries 39% 476 $8,047 $1,643
Age
60–69 35% 1,028 $8,047 $1,750
70–79 40% 1,456 $8,047 $1,826
80–89 46% 960 $8,047 $2,331
90 or older 56% 385 $8,047 $2,358
Marital status
Married 38% 930 $10,853 $2,944
Divorced 41% 970 $8,047 $1,679
Widowed 47% 454 $8,047 $1,845
Never married 41% 1,475 $8,047 $1,591
Highest education level
Graduate 32% 433 $8,047 $2,403
Bachelor 34% 541 $8,047 $2,521
Associate 40% 850 $8,047 $1,830
High school 44% 1,635 $8,047 $1,800
Less than high school 60% 370 $8,047 $1,341
Current-law poverty status
Above poverty 41% 3,663 $8,047 $2,035
In poverty 42% 165 $6,203 $1,241
Current-law household income quintile
Highest 32% 366 $8,047 $2,830
Second highest 39% 663 $8,047 $2,484
Middle 40% 690 $8,047 $1,948
Second lowest 42% 835 $8,047 $1,822
Lowest 45% 1,273 $8,047 $1,476
Current-law benefit type
Retired worker only 39% 2,925 $8,047 $1,996
Widow(er) (includes dually entitled) 47% 438 $8,047 $1,785
Spousal (includes dually entitled) 38% 114 $14,250 $2,206
Disabled worker only 53% 351 $8,047 $2,120
  All other races, non-Hispanic
Subtotal 26% 2,361 $8,295 $4,412
Sex
Female 25% 1,316 $8,047 $4,513
Male 26% 1,045 $8,295 $4,275
Country of birth
United States 25% 767 $8,047 $4,444
Other countries 26% 1,594 $8,466 $4,395
Age
60–69 20% 468 $8,022 $3,969
70–79 23% 875 $8,466 $4,232
80–89 32% 705 $9,909 $5,449
90 or older 38% 313 $8,295 $5,360
Marital status
Married 24% 1,150 $11,454 $5,567
Divorced 25% 235 $8,047 $3,185
Widowed 33% 446 $8,047 $3,410
Never married 25% 529 $8,047 $3,509
Highest education level
Graduate 23% 660 $8,932 $5,631
Bachelor 22% 597 $8,047 $4,475
Associate 27% 483 $8,047 $3,564
High school 31% 443 $8,295 $3,737
Less than high school 46% 177 $8,047 $2,635
Current-law poverty status
Above poverty 25% 2,268 $8,295 $4,466
In poverty 36% 92 $8,047 $3,034
Current-law household income quintile
Highest 18% 543 $8,466 $5,969
Second highest 25% 412 $8,966 $4,381
Middle 28% 415 $8,966 $4,036
Second lowest 36% 480 $8,966 $3,883
Lowest 31% 511 $8,047 $3,045
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19 Run ID: SB 03/16/2022
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.