Projected Profile of Beneficiaries by Race & Ethnicity

Projected Social Security Benefit Distribution in 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual Social Security monthly benefit (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $887 $1,827 $2,935
Sex
Female $819 $1,623 $2,686
Male $1,012 $2,080 $3,166
Race and ethnicity
Hispanic or Latino, any race $598 $1,328 $2,425
White, non-Hispanic $966 $1,926 $3,012
Black or African American, non-Hispanic $786 $1,618 $2,624
All other races, non-Hispanic $740 $1,606 $2,894
Country of birth
United States $951 $1,887 $2,957
Other countries $597 $1,354 $2,738
Age
60–69 $800 $1,654 $2,780
70–79 $948 $1,951 $3,105
80–89 $950 $1,939 $2,849
90 or older $983 $1,848 $2,578
Marital status
Married $853 $1,749 $2,997
Divorced $954 $1,886 $2,903
Widowed $1,069 $2,008 $2,870
Never married $740 $1,571 $2,768
Highest education level
Graduate $1,073 $2,333 $3,506
Bachelor $972 $2,077 $3,254
Associate $978 $1,870 $2,843
High school $881 $1,697 $2,655
Less than high school $582 $1,301 $2,317
Current-law poverty status
Above poverty $956 $1,886 $2,964
In poverty $412 $922 $1,214
Current-law household income quintile
Highest $1,079 $2,277 $3,493
Second highest $1,035 $2,075 $3,045
Middle $960 $1,922 $2,799
Second lowest $894 $1,753 $2,602
Lowest $653 $1,358 $2,166
Current-law benefit type
Retired worker only $924 $1,937 $3,050
Widow(er) (includes dually entitled) $1,107 $1,996 $2,808
Spousal (includes dually entitled) $579 $1,100 $1,550
Disabled worker only $937 $1,679 $2,873
  Hispanic or Latino, any race
Subtotal $598 $1,328 $2,425
Sex
Female $539 $1,166 $2,168
Male $797 $1,576 $2,618
Country of birth
United States $733 $1,607 $2,561
Other countries $546 $1,161 $2,274
Marital status
Married $564 $1,262 $2,423
Divorced $621 $1,573 $2,567
Widowed $768 $1,381 $2,412
Never married $636 $1,280 $2,295
Current-law poverty status
Above poverty $677 $1,440 $2,498
In poverty $359 $867 $1,183
Current-law household income quintile
Highest $739 $1,693 $3,121
Second highest $841 $1,690 $2,724
Middle $691 $1,575 $2,544
Second lowest $673 $1,371 $2,311
Lowest $475 $1,086 $1,829
Current-law benefit type
Retired worker only $736 $1,437 $2,510
Widow(er) (includes dually entitled) $738 $1,427 $2,404
Spousal (includes dually entitled) $415 $790 $1,317
Disabled worker only $599 $1,479 $2,372
  White, non-Hispanic
Subtotal $966 $1,926 $3,012
Sex
Female $895 $1,692 $2,736
Male $1,119 $2,179 $3,250
Country of birth
United States $981 $1,944 $3,013
Other countries $726 $1,575 $2,995
Age
60–69 $891 $1,767 $2,875
70–79 $1,022 $2,045 $3,192
80–89 $975 $1,979 $2,883
90 or older $1,009 $1,863 $2,643
Marital status
Married $923 $1,853 $3,077
Divorced $1,014 $1,953 $2,959
Widowed $1,217 $2,087 $2,930
Never married $805 $1,731 $2,861
Highest education level
Graduate $1,079 $2,352 $3,514
Bachelor $1,033 $2,137 $3,298
Associate $1,017 $1,909 $2,883
High school $939 $1,781 $2,707
Less than high school $753 $1,534 $2,432
Current-law poverty status
Above poverty $1,018 $1,973 $3,035
In poverty $459 $956 $1,228
Current-law household income quintile
Highest $1,123 $2,324 $3,506
Second highest $1,070 $2,118 $3,076
Middle $991 $1,966 $2,833
Second lowest $946 $1,832 $2,649
Lowest $757 $1,481 $2,246
Current-law benefit type
Retired worker only $1,010 $2,044 $3,129
Widow(er) (includes dually entitled) $1,228 $2,067 $2,862
Spousal (includes dually entitled) $682 $1,132 $1,570
Disabled worker only $1,029 $1,769 $2,918
  Black or African American, non-Hispanic
Subtotal $786 $1,618 $2,624
Sex
Female $761 $1,557 $2,563
Male $819 $1,685 $2,680
Country of birth
United States $819 $1,649 $2,600
Other countries $590 $1,413 $2,694
Marital status
Married $799 $1,623 $2,680
Divorced $827 $1,674 $2,670
Widowed $923 $1,786 $2,588
Never married $535 $1,317 $2,286
Highest education level
Graduate $1,219 $2,190 $3,251
Bachelor $794 $2,011 $3,013
Associate $908 $1,733 $2,614
High school $791 $1,488 $2,325
Less than high school $559 $1,286 $2,255
Current-law poverty status
Above poverty $909 $1,718 $2,678
In poverty $417 $909 $1,206
Current-law household income quintile
Highest $1,036 $2,167 $3,299
Second highest $988 $1,994 $2,905
Middle $1,070 $1,903 $2,738
Second lowest $796 $1,606 $2,492
Lowest $587 $1,267 $2,017
Current-law benefit type
Retired worker only $759 $1,661 $2,676
Widow(er) (includes dually entitled) $996 $1,806 $2,543
Spousal (includes dually entitled) $565 $1,014 $1,440
Disabled worker only $887 $1,524 $2,741
  All other races, non-Hispanic
Subtotal $740 $1,606 $2,894
Sex
Female $657 $1,437 $2,712
Male $904 $1,839 $3,146
Country of birth
United States $901 $1,770 $2,879
Other countries $619 $1,436 $2,941
Highest education level
Graduate $1,083 $2,385 $3,557
Bachelor $743 $1,801 $3,089
Associate $884 $1,666 $2,685
High school $733 $1,400 $2,453
Less than high school $410 $1,089 $2,008
Current-law poverty status
Above poverty $826 $1,675 $2,943
In poverty $274 $842 $1,190
Current-law household income quintile
Highest $1,016 $2,116 $3,492
Second highest $895 $2,019 $3,048
Middle $817 $1,770 $2,740
Second lowest $782 $1,518 $2,538
Lowest $454 $1,144 $1,922
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $922 $1,886 $3,094
Sex
Female $850 $1,703 $2,889
Male $1,025 $2,106 $3,300
Race and ethnicity
Hispanic or Latino, any race $659 $1,382 $2,575
White, non-Hispanic $1,018 $2,011 $3,178
Black or African American, non-Hispanic $817 $1,692 $2,800
All other races, non-Hispanic $755 $1,665 $3,122
Country of birth
United States $996 $1,963 $3,120
Other countries $643 $1,412 $2,909
Age
60–69 $774 $1,633 $2,897
70–79 $979 $1,962 $3,229
80–89 $1,044 $2,065 $3,150
90 or older $1,068 $2,000 $2,819
Marital status
Married $884 $1,804 $3,148
Divorced $975 $1,944 $3,020
Widowed $1,080 $2,103 $3,080
Never married $744 $1,620 $2,924
Highest education level
Graduate $1,161 $2,477 $3,728
Bachelor $1,082 $2,213 $3,413
Associate $999 $1,909 $2,960
High school $896 $1,719 $2,725
Less than high school $587 $1,282 $2,355
Current-law poverty status
Above poverty $994 $1,944 $3,122
In poverty $411 $928 $1,205
Current-law household income quintile
Highest $1,176 $2,434 $3,726
Second highest $1,085 $2,176 $3,208
Middle $1,007 $1,987 $2,909
Second lowest $939 $1,807 $2,691
Lowest $639 $1,347 $2,166
Current-law benefit type
Retired worker only $954 $1,983 $3,195
Widow(er) (includes dually entitled) $1,132 $2,100 $2,982
Spousal (includes dually entitled) $584 $1,144 $1,606
Disabled worker only $952 $1,708 $3,042
  Hispanic or Latino, any race
Subtotal $659 $1,382 $2,575
Sex
Female $561 $1,202 $2,329
Male $831 $1,603 $2,845
Country of birth
United States $814 $1,661 $2,849
Other countries $577 $1,201 $2,323
Marital status
Married $596 $1,305 $2,578
Divorced $790 $1,642 $2,798
Widowed $824 $1,487 $2,544
Never married $631 $1,306 $2,436
Current-law poverty status
Above poverty $684 $1,470 $2,617
In poverty $426 $926 $1,202
Current-law household income quintile
Highest $807 $1,930 $3,481
Second highest $806 $1,748 $2,966
Middle $723 $1,591 $2,645
Second lowest $738 $1,382 $2,348
Lowest $511 $1,093 $1,852
Current-law benefit type
Retired worker only $753 $1,463 $2,606
Widow(er) (includes dually entitled) $857 $1,552 $2,628
Spousal (includes dually entitled) $388 $796 $1,368
Disabled worker only $1,036 $1,595 $2,906
  White, non-Hispanic
Subtotal $1,018 $2,011 $3,178
Sex
Female $955 $1,792 $2,950
Male $1,141 $2,232 $3,382
Country of birth
United States $1,037 $2,030 $3,180
Other countries $772 $1,635 $3,166
Age
60–69 $895 $1,785 $2,997
70–79 $1,070 $2,082 $3,302
80–89 $1,087 $2,116 $3,195
90 or older $1,085 $2,048 $2,836
Marital status
Married $988 $1,935 $3,231
Divorced $1,039 $2,038 $3,081
Widowed $1,261 $2,206 $3,161
Never married $829 $1,766 $3,067
Highest education level
Graduate $1,181 $2,489 $3,744
Bachelor $1,137 $2,275 $3,449
Associate $1,049 $1,978 $2,998
High school $969 $1,819 $2,790
Less than high school $737 $1,491 $2,502
Current-law poverty status
Above poverty $1,082 $2,054 $3,203
In poverty $447 $952 $1,220
Current-law household income quintile
Highest $1,233 $2,489 $3,746
Second highest $1,143 $2,234 $3,238
Middle $1,063 $2,053 $2,929
Second lowest $1,000 $1,898 $2,752
Lowest $760 $1,463 $2,245
Current-law benefit type
Retired worker only $1,054 $2,106 $3,273
Widow(er) (includes dually entitled) $1,278 $2,184 $3,047
Spousal (includes dually entitled) $734 $1,197 $1,633
Disabled worker only $1,065 $1,837 $3,199
  Black or African American, non-Hispanic
Subtotal $817 $1,692 $2,800
Sex
Female $815 $1,667 $2,742
Male $819 $1,721 $2,837
Country of birth
United States $825 $1,708 $2,774
Other countries $788 $1,608 $3,020
Marital status
Married $830 $1,664 $2,802
Divorced $856 $1,768 $2,854
Widowed $929 $1,883 $2,750
Never married $599 $1,437 $2,627
Highest education level
Graduate $1,382 $2,343 $3,379
Bachelor $1,008 $2,075 $3,309
Associate $909 $1,778 $2,749
High school $759 $1,524 $2,470
Less than high school $575 $1,275 $2,254
Current-law poverty status
Above poverty $946 $1,778 $2,830
In poverty $418 $883 $1,190
Current-law household income quintile
Highest $1,139 $2,180 $3,499
Second highest $1,038 $2,017 $3,008
Middle $1,010 $1,902 $2,888
Second lowest $856 $1,743 $2,636
Lowest $587 $1,301 $2,051
Current-law benefit type
Retired worker only $837 $1,718 $2,817
Widow(er) (includes dually entitled) $1,043 $1,922 $2,832
Spousal (includes dually entitled) $504 $1,093 $1,518
Disabled worker only $794 $1,616 $2,693
  All other races, non-Hispanic
Subtotal $755 $1,665 $3,122
Sex
Female $686 $1,530 $2,914
Male $873 $1,857 $3,398
Country of birth
United States $954 $1,827 $3,020
Other countries $658 $1,545 $3,214
Marital status
Married $697 $1,598 $3,188
Divorced $900 $1,817 $2,920
Widowed $893 $1,969 $3,120
Never married $631 $1,565 $2,992
Highest education level
Graduate $1,096 $2,559 $3,791
Bachelor $850 $1,956 $3,349
Associate $856 $1,666 $2,759
High school $722 $1,477 $2,610
Less than high school $402 $1,106 $2,329
Current-law poverty status
Above poverty $873 $1,762 $3,173
In poverty $252 $766 $1,155
Current-law household income quintile
Highest $1,007 $2,459 $3,743
Second highest $1,020 $2,111 $3,301
Middle $985 $1,866 $2,835
Second lowest $751 $1,524 $2,608
Lowest $482 $1,161 $2,006
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $1,062 $2,211 $3,898
Sex
Female $999 $2,036 $3,706
Male $1,163 $2,419 $4,090
Race and ethnicity
Hispanic or Latino, any race $831 $1,755 $3,249
White, non-Hispanic $1,192 $2,393 $3,989
Black or African American, non-Hispanic $985 $1,981 $3,573
All other races, non-Hispanic $992 $2,309 $4,456
Country of birth
United States $1,174 $2,311 $3,910
Other countries $793 $1,836 $3,826
Age
60–69 $923 $2,008 $3,765
70–79 $1,088 $2,246 $4,133
80–89 $1,138 $2,303 $3,814
90 or older $1,229 $2,382 $3,633
Marital status
Married $1,031 $2,159 $3,958
Divorced $1,140 $2,265 $3,887
Widowed $1,198 $2,401 $3,811
Never married $903 $2,003 $3,837
Highest education level
Graduate $1,458 $3,145 $4,706
Bachelor $1,335 $2,782 $4,335
Associate $1,175 $2,187 $3,492
High school $976 $1,890 $3,167
Less than high school $649 $1,480 $2,702
Current-law poverty status
Above poverty $1,187 $2,278 $3,930
In poverty $437 $952 $1,222
Current-law household income quintile
Highest $1,555 $3,237 $4,780
Second highest $1,362 $2,658 $4,030
Middle $1,243 $2,353 $3,543
Second lowest $1,075 $2,057 $3,119
Lowest $664 $1,442 $2,216
Current-law benefit type
Retired worker only $1,131 $2,328 $4,022
Widow(er) (includes dually entitled) $1,259 $2,338 $3,660
Spousal (includes dually entitled) $579 $1,277 $1,959
Disabled worker only $1,200 $2,167 $3,909
  Hispanic or Latino, any race
Subtotal $831 $1,755 $3,249
Sex
Female $727 $1,550 $2,906
Male $961 $2,016 $3,510
Country of birth
United States $1,036 $1,977 $3,401
Other countries $704 $1,572 $3,091
Age
60–69 $751 $1,668 $3,240
70–79 $869 $1,817 $3,393
80–89 $855 $1,770 $3,184
90 or older $967 $1,941 $3,043
Marital status
Married $787 $1,693 $3,249
Divorced $967 $1,926 $3,514
Widowed $956 $1,829 $3,111
Never married $748 $1,695 $3,215
Highest education level
Graduate $1,029 $2,631 $4,502
Bachelor $948 $2,209 $4,218
Associate $1,022 $2,013 $3,384
High school $882 $1,715 $3,016
Less than high school $656 $1,479 $2,724
Current-law poverty status
Above poverty $915 $1,841 $3,309
In poverty $426 $960 $1,212
Current-law household income quintile
Highest $1,099 $2,582 $4,481
Second highest $1,147 $2,233 $3,655
Middle $1,056 $2,050 $3,265
Second lowest $916 $1,791 $2,896
Lowest $587 $1,285 $2,084
Current-law benefit type
Retired worker only $950 $1,863 $3,400
Widow(er) (includes dually entitled) $991 $1,815 $3,061
Spousal (includes dually entitled) $483 $962 $1,691
Disabled worker only $1,036 $2,034 $3,374
  White, non-Hispanic
Subtotal $1,192 $2,393 $3,989
Sex
Female $1,130 $2,228 $3,810
Male $1,315 $2,581 $4,174
Country of birth
United States $1,232 $2,417 $3,988
Other countries $865 $2,090 $4,005
Age
60–69 $1,035 $2,188 $3,902
70–79 $1,248 $2,466 $4,240
80–89 $1,269 $2,449 $3,868
90 or older $1,289 $2,472 $3,703
Marital status
Married $1,169 $2,323 $4,021
Divorced $1,218 $2,397 $3,986
Widowed $1,417 $2,600 $3,890
Never married $1,013 $2,259 $4,039
Highest education level
Graduate $1,518 $3,161 $4,671
Bachelor $1,438 $2,886 $4,352
Associate $1,243 $2,264 $3,518
High school $1,078 $2,020 $3,257
Less than high school $683 $1,527 $2,781
Current-law poverty status
Above poverty $1,300 $2,442 $4,011
In poverty $433 $965 $1,226
Current-law household income quintile
Highest $1,676 $3,308 $4,761
Second highest $1,447 $2,744 $4,031
Middle $1,302 $2,439 $3,568
Second lowest $1,172 $2,153 $3,159
Lowest $761 $1,522 $2,297
Current-law benefit type
Retired worker only $1,250 $2,496 $4,093
Widow(er) (includes dually entitled) $1,450 $2,515 $3,730
Spousal (includes dually entitled) $744 $1,399 $2,000
Disabled worker only $1,255 $2,402 $4,128
  Black or African American, non-Hispanic
Subtotal $985 $1,981 $3,573
Sex
Female $1,019 $1,955 $3,532
Male $943 $2,020 $3,656
Country of birth
United States $1,011 $1,990 $3,517
Other countries $903 $1,909 $3,747
Age
60–69 $819 $1,894 $3,450
70–79 $1,045 $2,007 $3,777
80–89 $1,062 $2,030 $3,466
90 or older $1,118 $2,085 $3,113
Marital status
Married $1,014 $2,055 $3,690
Divorced $1,050 $2,022 $3,646
Widowed $1,053 $2,092 $3,544
Never married $853 $1,838 $3,397
Highest education level
Graduate $1,582 $3,119 $4,545
Bachelor $1,387 $2,603 $3,908
Associate $1,139 $2,007 $3,249
High school $844 $1,731 $2,926
Less than high school $673 $1,410 $2,460
Current-law poverty status
Above poverty $1,181 $2,062 $3,622
In poverty $474 $939 $1,233
Current-law household income quintile
Highest $1,201 $3,001 $4,718
Second highest $1,300 $2,610 $4,143
Middle $1,311 $2,282 $3,594
Second lowest $1,138 $2,077 $3,177
Lowest $684 $1,501 $2,144
Current-law benefit type
Retired worker only $1,030 $2,012 $3,596
Widow(er) (includes dually entitled) $1,098 $2,013 $3,536
Spousal (includes dually entitled) $444 $1,022 $1,837
Disabled worker only $1,281 $2,003 $3,598
  All other races, non-Hispanic
Subtotal $992 $2,309 $4,456
Sex
Female $892 $2,018 $4,219
Male $1,127 $2,725 $4,641
Country of birth
United States $1,146 $2,324 $4,241
Other countries $900 $2,285 $4,551
Age
60–69 $862 $2,159 $4,581
70–79 $992 $2,345 $4,635
80–89 $1,001 $2,259 $4,182
90 or older $1,219 $2,502 $3,731
Marital status
Married $928 $2,321 $4,601
Divorced $1,047 $2,166 $3,978
Widowed $1,092 $2,493 $4,200
Never married $1,033 $2,161 $4,581
Highest education level
Graduate $1,379 $3,391 $4,936
Bachelor $1,167 $2,601 $4,501
Associate $994 $2,000 $3,724
High school $832 $1,689 $3,199
Less than high school $442 $1,198 $2,382
Current-law poverty status
Above poverty $1,148 $2,390 $4,496
In poverty $387 $886 $1,184
Current-law household income quintile
Highest $1,682 $3,651 $5,061
Second highest $1,330 $2,869 $4,224
Middle $1,194 $2,280 $3,753
Second lowest $943 $1,954 $3,138
Lowest $533 $1,282 $2,059
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $1,286 $2,710 $4,933
Sex
Female $1,205 $2,516 $4,746
Male $1,391 $2,948 $5,136
Race and ethnicity
Hispanic or Latino, any race $1,032 $2,196 $4,039
White, non-Hispanic $1,470 $2,981 $5,078
Black or African American, non-Hispanic $1,241 $2,477 $4,593
All other races, non-Hispanic $1,173 $2,995 $5,736
Country of birth
United States $1,432 $2,829 $4,939
Other countries $897 $2,248 $4,915
Age
60–69 $1,097 $2,489 $4,696
70–79 $1,304 $2,745 $5,154
80–89 $1,401 $2,835 $4,916
90 or older $1,509 $2,928 $4,734
Marital status
Married $1,238 $2,647 $4,956
Divorced $1,421 $2,841 $4,905
Widowed $1,438 $2,938 $4,888
Never married $1,178 $2,541 $4,952
Highest education level
Graduate $1,858 $3,875 $5,819
Bachelor $1,659 $3,512 $5,479
Associate $1,408 $2,620 $4,300
High school $1,157 $2,287 $3,924
Less than high school $801 $1,833 $3,391
Current-law poverty status
Above poverty $1,412 $2,769 $4,965
In poverty $445 $887 $1,214
Current-law household income quintile
Highest $1,945 $4,208 $6,080
Second highest $1,703 $3,389 $4,976
Middle $1,539 $2,905 $4,416
Second lowest $1,311 $2,522 $3,744
Lowest $778 $1,715 $2,612
Current-law benefit type
Retired worker only $1,382 $2,855 $5,115
Widow(er) (includes dually entitled) $1,493 $2,833 $4,527
Spousal (includes dually entitled) $687 $1,515 $2,405
Disabled worker only $1,477 $2,703 $4,737
  Hispanic or Latino, any race
Subtotal $1,032 $2,196 $4,039
Sex
Female $941 $1,971 $3,626
Male $1,171 $2,470 $4,321
Country of birth
United States $1,260 $2,402 $4,172
Other countries $803 $1,883 $3,716
Age
60–69 $921 $2,127 $3,971
70–79 $1,041 $2,209 $4,102
80–89 $1,163 $2,241 $4,051
90 or older $1,120 $2,370 $3,912
Marital status
Married $994 $2,127 $3,980
Divorced $1,217 $2,480 $4,239
Widowed $1,137 $2,220 $3,995
Never married $950 $2,101 $4,017
Highest education level
Graduate $1,572 $3,230 $5,251
Bachelor $1,222 $2,829 $5,124
Associate $1,223 $2,401 $4,039
High school $1,093 $2,152 $3,761
Less than high school $819 $1,835 $3,375
Current-law poverty status
Above poverty $1,167 $2,261 $4,077
In poverty $450 $882 $1,228
Current-law household income quintile
Highest $1,269 $2,942 $5,523
Second highest $1,383 $2,760 $4,625
Middle $1,287 $2,504 $4,027
Second lowest $1,154 $2,303 $3,558
Lowest $702 $1,607 $2,517
Current-law benefit type
Retired worker only $1,157 $2,310 $4,176
Widow(er) (includes dually entitled) $1,251 $2,330 $3,810
Spousal (includes dually entitled) $591 $1,230 $2,194
Disabled worker only $1,255 $2,562 $4,215
  White, non-Hispanic
Subtotal $1,470 $2,981 $5,078
Sex
Female $1,389 $2,778 $4,882
Male $1,600 $3,201 $5,271
Country of birth
United States $1,522 $3,022 $5,078
Other countries $1,045 $2,496 $5,086
Age
60–69 $1,286 $2,754 $4,940
70–79 $1,484 $3,052 $5,307
80–89 $1,553 $3,036 $4,999
90 or older $1,640 $3,113 $4,768
Marital status
Married $1,424 $2,861 $5,076
Divorced $1,578 $3,069 $5,073
Widowed $1,692 $3,236 $5,052
Never married $1,279 $2,865 $5,147
Highest education level
Graduate $1,985 $3,945 $5,782
Bachelor $1,799 $3,612 $5,464
Associate $1,491 $2,749 $4,384
High school $1,268 $2,396 $3,988
Less than high school $859 $1,951 $3,510
Current-law poverty status
Above poverty $1,567 $3,027 $5,099
In poverty $459 $912 $1,215
Current-law household income quintile
Highest $2,195 $4,323 $6,059
Second highest $1,851 $3,547 $5,039
Middle $1,650 $3,054 $4,512
Second lowest $1,411 $2,616 $3,779
Lowest $855 $1,790 $2,674
Current-law benefit type
Retired worker only $1,546 $3,106 $5,222
Widow(er) (includes dually entitled) $1,673 $3,113 $4,673
Spousal (includes dually entitled) $814 $1,693 $2,448
Disabled worker only $1,694 $2,970 $4,967
  Black or African American, non-Hispanic
Subtotal $1,241 $2,477 $4,593
Sex
Female $1,264 $2,434 $4,435
Male $1,222 $2,514 $4,792
Country of birth
United States $1,312 $2,495 $4,576
Other countries $901 $2,315 $4,705
Age
60–69 $1,099 $2,327 $4,463
70–79 $1,221 $2,530 $4,836
80–89 $1,335 $2,565 $4,400
90 or older $1,583 $2,700 $4,576
Marital status
Married $1,195 $2,609 $4,832
Divorced $1,319 $2,531 $4,563
Widowed $1,364 $2,584 $4,608
Never married $1,182 $2,330 $4,399
Highest education level
Graduate $1,943 $3,689 $5,493
Bachelor $1,685 $3,225 $5,047
Associate $1,389 $2,385 $3,975
High school $1,056 $2,116 $3,895
Less than high school $696 $1,703 $3,022
Current-law poverty status
Above poverty $1,411 $2,556 $4,633
In poverty $411 $907 $1,203
Current-law household income quintile
Highest $1,666 $3,917 $5,874
Second highest $1,649 $3,320 $4,962
Middle $1,577 $2,912 $4,493
Second lowest $1,464 $2,631 $3,901
Lowest $860 $1,760 $2,667
Current-law benefit type
Retired worker only $1,268 $2,581 $4,685
Widow(er) (includes dually entitled) $1,399 $2,315 $4,373
Spousal (includes dually entitled) $676 $1,470 $2,378
Disabled worker only $1,644 $2,431 $4,053
  All other races, non-Hispanic
Subtotal $1,173 $2,995 $5,736
Sex
Female $1,082 $2,649 $5,637
Male $1,319 $3,476 $5,887
Country of birth
United States $1,513 $3,162 $5,822
Other countries $1,035 $2,866 $5,724
Age
60–69 $988 $2,666 $5,508
70–79 $1,216 $3,044 $5,999
80–89 $1,337 $3,136 $5,597
90 or older $1,280 $3,178 $5,249
Marital status
Married $1,088 $3,018 $5,792
Divorced $1,093 $2,769 $5,358
Widowed $1,282 $3,003 $5,469
Never married $1,314 $3,006 $5,936
Highest education level
Graduate $1,550 $4,017 $6,207
Bachelor $1,363 $3,575 $5,919
Associate $1,335 $2,381 $4,501
High school $890 $2,194 $4,470
Less than high school $631 $1,429 $3,161
Current-law poverty status
Above poverty $1,360 $3,078 $5,780
In poverty $419 $829 $1,179
Current-law household income quintile
Highest $2,159 $4,874 $6,382
Second highest $1,639 $3,495 $5,225
Middle $1,419 $2,960 $4,480
Second lowest $1,080 $2,441 $3,709
Lowest $676 $1,575 $2,426
Current-law benefit type
Retired worker only $1,404 $3,319 $5,928
Widow(er) (includes dually entitled) $1,289 $2,836 $4,806
Spousal (includes dually entitled) $621 $1,472 $2,481
Disabled worker only $1,477 $2,880 $4,956
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 2024
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% 3,179 6,476
Sex
Female 6.0% 11.0% 1,928 3,748
Male 4.0% 9.0% 1,251 2,728
Race and ethnicity
Hispanic or Latino, any race 10.0% 21.0% 582 1,186
White, non-Hispanic 4.0% 8.0% 1,773 4,023
Black or African American, non-Hispanic 10.0% 14.0% 604 838
All other races, non-Hispanic 7.0% 13.0% 220 429
Country of birth
United States 4.0% 9.0% 2,365 4,836
Other countries 10.0% 20.0% 814 1,640
Age
60–69 7.0% 13.0% 1,759 3,142
70–79 4.0% 8.0% 1,068 2,196
80–89 3.0% 8.0% 283 896
90 or older 4.0% 13.0% 69 242
Marital status
Married 2.0% 6.0% 558 2,075
Divorced 10.0% 17.0% 1,111 1,868
Widowed 7.0% 13.0% 761 1,465
Never married 18.0% 26.0% 749 1,067
Highest education level
Graduate 1.0% 4.0% 95 269
Bachelor 3.0% 7.0% 313 774
Associate 4.0% 8.0% 606 1,183
High school 6.0% 12.0% 1,438 2,944
Less than high school 13.0% 24.0% 727 1,305
Current-law poverty status
Above poverty .0% 6.0% 0 3,656
In poverty 100.0% 89.0% 3,179 2,820
Current-law benefit type
Retired worker only 5.0% 10.0% 2,086 4,215
Widow(er) (includes dually entitled) 6.0% 13.0% 621 1,374
Spousal (includes dually entitled) 3.0% 7.0% 188 432
Disabled worker only 11.0% 18.0% 283 455
  Hispanic or Latino, any race
Subtotal 10.0% 21.0% 582 1,186
Sex
Female 13.0% 23.0% 386 676
Male 7.0% 19.0% 196 510
Country of birth
United States 7.0% 16.0% 192 421
Other countries 13.0% 26.0% 390 765
Marital status
Married 5.0% 17.0% 175 566
Divorced 15.0% 22.0% 121 177
Widowed 21.0% 30.0% 214 299
Never married 20.0% 41.0% 72 144
Current-law poverty status
Above poverty .0% 13.0% 0 664
In poverty 100.0% 90.0% 582 522
Current-law benefit type
Retired worker only 9.0% 20.0% 336 776
Widow(er) (includes dually entitled) 18.0% 28.0% 152 233
Spousal (includes dually entitled) 9.0% 19.0% 54 118
Disabled worker only 14.0% 20.0% 40 60
  White, non-Hispanic
Subtotal 4.0% 8.0% 1,773 4,023
Sex
Female 4.0% 9.0% 1,042 2,333
Male 3.0% 8.0% 731 1,690
Country of birth
United States 4.0% 8.0% 1,585 3,569
Other countries 7.0% 17.0% 188 454
Age
60–69 6.0% 11.0% 950 1,880
70–79 3.0% 7.0% 605 1,349
80–89 2.0% 7.0% 172 596
90 or older 3.0% 12.0% 47 197
Marital status
Married 1.0% 4.0% 232 1,117
Divorced 9.0% 17.0% 747 1,389
Widowed 4.0% 10.0% 379 897
Never married 15.0% 23.0% 415 620
Highest education level
Graduate 1.0% 3.0% 70 204
Bachelor 2.0% 6.0% 206 547
Associate 4.0% 7.0% 402 820
High school 4.0% 10.0% 833 1,921
Less than high school 10.0% 20.0% 262 531
Current-law poverty status
Above poverty .0% 5.0% 0 2,407
In poverty 100.0% 91.0% 1,773 1,616
Current-law benefit type
Retired worker only 4.0% 8.0% 1,165 2,567
Widow(er) (includes dually entitled) 4.0% 11.0% 343 927
Spousal (includes dually entitled) 2.0% 5.0% 99 254
Disabled worker only 11.0% 18.0% 167 275
  Black or African American, non-Hispanic
Subtotal 10.0% 14.0% 604 838
Sex
Female 11.0% 15.0% 379 507
Male 8.0% 12.0% 225 331
Country of birth
United States 10.0% 13.0% 514 689
Other countries 12.0% 19.0% 90 149
Marital status
Married 3.0% 7.0% 82 196
Divorced 13.0% 15.0% 187 216
Widowed 10.0% 15.0% 109 174
Never married 26.0% 29.0% 226 251
Current-law poverty status
Above poverty .0% 6.0% 0 350
In poverty 100.0% 81.0% 604 488
  All other races, non-Hispanic
Subtotal 7.0% 13.0% 220 429
Sex
Female 7.0% 13.0% 121 231
Male 7.0% 14.0% 98 198
Country of birth
United States 5.0% 10.0% 73 157
Other countries 9.0% 16.0% 147 273
Current-law poverty status
Above poverty .0% 8.0% 0 236
In poverty 100.0% 88.0% 220 193
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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% 13.0% 3,465 9,250
Sex
Female 5.0% 13.0% 1,958 5,111
Male 5.0% 13.0% 1,507 4,139
Race and ethnicity
Hispanic or Latino, any race 8.0% 22.0% 672 1,777
White, non-Hispanic 4.0% 11.0% 1,943 5,482
Black or African American, non-Hispanic 8.0% 18.0% 577 1,279
All other races, non-Hispanic 7.0% 18.0% 273 712
Country of birth
United States 4.0% 11.0% 2,486 6,758
Other countries 9.0% 22.0% 979 2,492
Age
60–69 7.0% 16.0% 1,655 3,615
70–79 4.0% 13.0% 1,346 3,764
80–89 3.0% 10.0% 417 1,553
90 or older 2.0% 12.0% 46 318
Marital status
Married 2.0% 8.0% 646 3,229
Divorced 9.0% 20.0% 1,175 2,547
Widowed 6.0% 15.0% 813 1,994
Never married 16.0% 29.0% 832 1,481
Highest education level
Graduate 1.0% 4.0% 91 352
Bachelor 2.0% 8.0% 322 1,017
Associate 4.0% 11.0% 694 1,774
High school 6.0% 17.0% 1,593 4,412
Less than high school 13.0% 29.0% 765 1,695
Current-law poverty status
Above poverty .0% 9.0% 0 6,034
In poverty 100.0% 93.0% 3,465 3,216
Current-law benefit type
Retired worker only 5.0% 12.0% 2,355 6,153
Widow(er) (includes dually entitled) 6.0% 16.0% 664 1,861
Spousal (includes dually entitled) 3.0% 10.0% 189 662
Disabled worker only 9.0% 21.0% 257 573
  Hispanic or Latino, any race
Subtotal 8.0% 22.0% 672 1,777
Sex
Female 9.0% 22.0% 359 904
Male 8.0% 23.0% 313 873
Country of birth
United States 6.0% 18.0% 214 615
Other countries 10.0% 26.0% 458 1,162
Marital status
Married 4.0% 20.0% 205 994
Divorced 12.0% 20.0% 124 209
Widowed 17.0% 27.0% 241 396
Never married 19.0% 34.0% 102 179
Current-law poverty status
Above poverty .0% 16.0% 0 1,139
In poverty 100.0% 95.0% 672 638
Current-law benefit type
Retired worker only 7.0% 21.0% 392 1,129
Widow(er) (includes dually entitled) 15.0% 25.0% 181 295
Spousal (includes dually entitled) 5.0% 25.0% 45 222
Disabled worker only 10.0% 24.0% 54 131
  White, non-Hispanic
Subtotal 4.0% 11.0% 1,943 5,482
Sex
Female 4.0% 11.0% 1,122 3,104
Male 3.0% 10.0% 821 2,378
Country of birth
United States 4.0% 10.0% 1,706 4,835
Other countries 7.0% 20.0% 237 647
Age
60–69 6.0% 14.0% 922 2,078
70–79 3.0% 10.0% 725 2,137
80–89 2.0% 9.0% 269 1,029
90 or older 1.0% 11.0% 27 239
Marital status
Married 1.0% 5.0% 291 1,567
Divorced 8.0% 19.0% 799 1,830
Widowed 4.0% 13.0% 389 1,201
Never married 14.0% 28.0% 464 885
Highest education level
Graduate 1.0% 4.0% 65 254
Bachelor 2.0% 6.0% 204 671
Associate 4.0% 10.0% 439 1,186
High school 5.0% 14.0% 943 2,712
Less than high school 12.0% 28.0% 291 659
Current-law poverty status
Above poverty .0% 7.0% 0 3,661
In poverty 100.0% 94.0% 1,943 1,821
Current-law benefit type
Retired worker only 4.0% 10.0% 1,376 3,653
Widow(er) (includes dually entitled) 4.0% 13.0% 323 1,180
Spousal (includes dually entitled) 2.0% 7.0% 104 334
Disabled worker only 9.0% 21.0% 140 316
  Black or African American, non-Hispanic
Subtotal 8.0% 18.0% 577 1,279
Sex
Female 9.0% 19.0% 336 731
Male 8.0% 17.0% 241 548
Country of birth
United States 8.0% 17.0% 477 1,049
Other countries 10.0% 24.0% 100 229
Marital status
Married 2.0% 10.0% 60 318
Divorced 11.0% 22.0% 182 363
Widowed 9.0% 20.0% 109 247
Never married 20.0% 31.0% 225 351
Current-law poverty status
Above poverty .0% 12.0% 0 785
In poverty 100.0% 86.0% 577 494
  All other races, non-Hispanic
Subtotal 7.0% 18.0% 273 712
Sex
Female 6.0% 17.0% 142 372
Male 7.0% 19.0% 131 340
Country of birth
United States 5.0% 15.0% 89 258
Other countries 8.0% 20.0% 184 454
Marital status
Married 4.0% 14.0% 89 351
Divorced 12.0% 24.0% 70 145
Widowed 10.0% 20.0% 74 150
Never married 17.0% 27.0% 41 66
Current-law poverty status
Above poverty .0% 12.0% 0 449
In poverty 100.0% 96.0% 273 263
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 5.0% 22.0% 3,782 18,627
Sex
Female 5.0% 24.0% 2,099 10,497
Male 4.0% 21.0% 1,683 8,130
Race and ethnicity
Hispanic or Latino, any race 7.0% 32.0% 1,058 4,821
White, non-Hispanic 3.0% 19.0% 1,741 9,748
Black or African American, non-Hispanic 7.0% 29.0% 657 2,655
All other races, non-Hispanic 5.0% 22.0% 326 1,402
Country of birth
United States 4.0% 20.0% 2,511 13,017
Other countries 7.0% 30.0% 1,271 5,609
Age
60–69 6.0% 24.0% 1,402 5,518
70–79 4.0% 22.0% 1,337 6,701
80–89 4.0% 23.0% 873 4,861
90 or older 2.0% 20.0% 170 1,546
Marital status
Married 2.0% 16.0% 711 6,957
Divorced 7.0% 30.0% 1,070 4,578
Widowed 5.0% 25.0% 817 3,820
Never married 12.0% 34.0% 1,183 3,271
Highest education level
Graduate 1.0% 8.0% 169 931
Bachelor 2.0% 12.0% 344 2,142
Associate 3.0% 22.0% 630 4,106
High school 6.0% 31.0% 1,694 8,223
Less than high school 12.0% 42.0% 944 3,225
Current-law poverty status
Above poverty .0% 19.0% 0 14,963
In poverty 100.0% 97.0% 3,782 3,664
Current-law benefit type
Retired worker only 5.0% 21.0% 2,839 12,696
Widow(er) (includes dually entitled) 4.0% 28.0% 508 3,439
Spousal (includes dually entitled) 3.0% 25.0% 218 1,588
Disabled worker only 7.0% 28.0% 216 904
  Hispanic or Latino, any race
Subtotal 7.0% 32.0% 1,058 4,821
Sex
Female 8.0% 33.0% 598 2,600
Male 6.0% 30.0% 460 2,221
Country of birth
United States 5.0% 26.0% 361 1,751
Other countries 8.0% 36.0% 697 3,069
Age
60–69 8.0% 31.0% 420 1,613
70–79 6.0% 29.0% 389 1,834
80–89 7.0% 37.0% 207 1,128
90 or older 6.0% 36.0% 43 245
Marital status
Married 3.0% 28.0% 259 2,402
Divorced 9.0% 33.0% 186 656
Widowed 11.0% 38.0% 309 1,079
Never married 17.0% 38.0% 304 684
Current-law poverty status
Above poverty .0% 27.0% 0 3,790
In poverty 100.0% 97.0% 1,058 1,030
Current-law benefit type
Retired worker only 7.0% 30.0% 780 3,292
Widow(er) (includes dually entitled) 8.0% 38.0% 166 773
Spousal (includes dually entitled) 3.0% 35.0% 50 541
Disabled worker only 9.0% 30.0% 61 214
  White, non-Hispanic
Subtotal 3.0% 19.0% 1,741 9,748
Sex
Female 3.0% 20.0% 971 5,591
Male 3.0% 17.0% 770 4,158
Country of birth
United States 3.0% 18.0% 1,480 8,547
Other countries 6.0% 28.0% 261 1,201
Age
60–69 5.0% 20.0% 643 2,730
70–79 3.0% 18.0% 553 3,231
80–89 3.0% 19.0% 454 2,738
90 or older 2.0% 18.0% 92 1,049
Marital status
Married 1.0% 12.0% 292 3,361
Divorced 6.0% 28.0% 635 2,866
Widowed 3.0% 21.0% 323 2,062
Never married 11.0% 31.0% 492 1,459
Highest education level
Graduate 1.0% 7.0% 94 561
Bachelor 1.0% 9.0% 167 1,250
Associate 3.0% 20.0% 367 2,550
High school 5.0% 28.0% 788 4,382
Less than high school 15.0% 46.0% 325 1,005
Current-law poverty status
Above poverty .0% 16.0% 0 8,053
In poverty 100.0% 97.0% 1,741 1,695
Current-law benefit type
Retired worker only 3.0% 17.0% 1,308 6,575
Widow(er) (includes dually entitled) 3.0% 24.0% 226 2,011
Spousal (includes dually entitled) 3.0% 20.0% 114 753
Disabled worker only 6.0% 25.0% 93 409
  Black or African American, non-Hispanic
Subtotal 7.0% 29.0% 657 2,655
Sex
Female 7.0% 30.0% 325 1,479
Male 8.0% 29.0% 332 1,176
Country of birth
United States 7.0% 30.0% 569 2,246
Other countries 6.0% 29.0% 88 410
Age
60–69 9.0% 30.0% 259 870
70–79 7.0% 30.0% 260 1,040
80–89 5.0% 28.0% 110 578
90 or older 5.0% 30.0% 27 168
Marital status
Married 2.0% 20.0% 75 606
Divorced 8.0% 37.0% 171 779
Widowed 8.0% 28.0% 101 366
Never married 12.0% 36.0% 310 904
Current-law poverty status
Above poverty .0% 24.0% 0 2,030
In poverty 100.0% 95.0% 657 625
  All other races, non-Hispanic
Subtotal 5.0% 22.0% 326 1,402
Sex
Female 6.0% 23.0% 205 827
Male 4.0% 20.0% 121 576
Country of birth
United States 5.0% 24.0% 101 473
Other countries 5.0% 21.0% 225 929
Marital status
Married 2.0% 16.0% 86 588
Divorced 9.0% 32.0% 78 276
Widowed 7.0% 27.0% 85 313
Never married 10.0% 30.0% 78 225
Highest education level
Graduate 2.0% 11.0% 39 177
Bachelor 3.0% 16.0% 55 319
Associate 4.0% 28.0% 47 312
High school 8.0% 33.0% 113 453
Less than high school 26.0% 52.0% 72 142
Current-law poverty status
Above poverty .0% 18.0% 0 1,089
In poverty 100.0% 96.0% 326 313
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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% 2,822 25,882
Sex
Female 3.0% 29.0% 1,527 14,022
Male 3.0% 27.0% 1,296 11,860
Race and ethnicity
Hispanic or Latino, any race 4.0% 36.0% 963 7,682
White, non-Hispanic 2.0% 24.0% 1,125 12,737
Black or African American, non-Hispanic 5.0% 34.0% 426 3,178
All other races, non-Hispanic 3.0% 26.0% 309 2,285
Country of birth
United States 2.0% 27.0% 1,770 19,267
Other countries 5.0% 33.0% 1,052 6,615
Age
60–69 4.0% 28.0% 945 7,227
70–79 3.0% 27.0% 1,057 9,557
80–89 3.0% 29.0% 628 6,612
90 or older 2.0% 29.0% 192 2,486
Marital status
Married 1.0% 21.0% 470 8,916
Divorced 4.0% 33.0% 687 5,980
Widowed 3.0% 31.0% 486 4,598
Never married 7.0% 38.0% 1,179 6,389
Highest education level
Graduate 1.0% 12.0% 156 2,135
Bachelor 1.0% 17.0% 216 2,931
Associate 2.0% 30.0% 460 5,931
High school 4.0% 37.0% 1,229 10,474
Less than high school 8.0% 46.0% 761 4,411
Current-law poverty status
Above poverty .0% 26.0% 0 23,088
In poverty 100.0% 99.0% 2,822 2,794
Current-law benefit type
Retired worker only 3.0% 26.0% 2,197 18,440
Widow(er) (includes dually entitled) 3.0% 35.0% 314 4,361
Spousal (includes dually entitled) 2.0% 27.0% 156 1,752
Disabled worker only 4.0% 36.0% 156 1,328
  Hispanic or Latino, any race
Subtotal 4.0% 36.0% 963 7,682
Sex
Female 5.0% 36.0% 507 3,882
Male 4.0% 36.0% 456 3,800
Country of birth
United States 3.0% 33.0% 369 4,245
Other countries 7.0% 40.0% 594 3,437
Age
60–69 5.0% 33.0% 351 2,519
70–79 4.0% 34.0% 362 2,850
80–89 4.0% 40.0% 188 1,756
90 or older 5.0% 43.0% 61 557
Marital status
Married 2.0% 29.0% 176 3,090
Divorced 5.0% 37.0% 165 1,275
Widowed 6.0% 43.0% 210 1,415
Never married 10.0% 45.0% 412 1,902
Current-law poverty status
Above poverty .0% 33.0% 0 6,728
In poverty 100.0% 99.0% 963 954
Current-law benefit type
Retired worker only 4.0% 35.0% 685 5,364
Widow(er) (includes dually entitled) 4.0% 41.0% 129 1,191
Spousal (includes dually entitled) 3.0% 32.0% 64 654
Disabled worker only 7.0% 39.0% 84 472
  White, non-Hispanic
Subtotal 2.0% 24.0% 1,125 12,737
Sex
Female 2.0% 26.0% 629 7,045
Male 2.0% 23.0% 495 5,691
Country of birth
United States 2.0% 24.0% 952 11,465
Other countries 4.0% 29.0% 173 1,272
Age
60–69 3.0% 24.0% 358 3,178
70–79 2.0% 23.0% 399 4,564
80–89 2.0% 25.0% 287 3,598
90 or older 1.0% 25.0% 81 1,396
Marital status
Married 1.0% 18.0% 189 4,466
Divorced 3.0% 31.0% 351 3,586
Widowed 2.0% 27.0% 154 2,351
Never married 6.0% 34.0% 430 2,334
Highest education level
Graduate 1.0% 10.0% 70 1,165
Bachelor 1.0% 14.0% 74 1,634
Associate 2.0% 27.0% 282 3,452
High school 3.0% 36.0% 510 5,269
Less than high school 8.0% 51.0% 190 1,217
Current-law poverty status
Above poverty .0% 23.0% 0 11,616
In poverty 100.0% 100.0% 1,125 1,121
Current-law benefit type
Retired worker only 2.0% 22.0% 896 8,959
Widow(er) (includes dually entitled) 2.0% 32.0% 118 2,481
Spousal (includes dually entitled) 2.0% 25.0% 64 781
Disabled worker only 3.0% 32.0% 47 516
  Black or African American, non-Hispanic
Subtotal 5.0% 34.0% 426 3,178
Sex
Female 4.0% 35.0% 203 1,728
Male 5.0% 34.0% 222 1,451
Country of birth
United States 4.0% 35.0% 348 2,799
Other countries 6.0% 29.0% 78 379
Marital status
Married 2.0% 21.0% 45 518
Divorced 5.0% 38.0% 117 826
Widowed 5.0% 34.0% 55 365
Never married 6.0% 41.0% 209 1,468
Current-law poverty status
Above poverty .0% 31.0% 0 2,766
In poverty 100.0% 97.0% 426 412
  All other races, non-Hispanic
Subtotal 3.0% 26.0% 309 2,285
Sex
Female 4.0% 28.0% 187 1,367
Male 3.0% 24.0% 121 918
Country of birth
United States 3.0% 25.0% 102 757
Other countries 4.0% 26.0% 207 1,527
Age
60–69 5.0% 25.0% 100 561
70–79 3.0% 24.0% 114 876
80–89 3.0% 26.0% 61 555
90 or older 4.0% 34.0% 33 292
Marital status
Married 1.0% 19.0% 60 841
Divorced 6.0% 31.0% 53 292
Widowed 5.0% 33.0% 67 467
Never married 6.0% 32.0% 128 684
Highest education level
Graduate 2.0% 16.0% 54 418
Bachelor 3.0% 20.0% 73 526
Associate 2.0% 35.0% 38 581
High school 5.0% 37.0% 73 545
Less than high school 16.0% 49.0% 71 215
Current-law poverty status
Above poverty .0% 23.0% 0 1,978
In poverty 100.0% 99.0% 309 307
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household income (2024 $) 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 $24,456 $90,876 $312,144 42% 25% 12% 12% 6%
Sex
Female $22,800 $82,728 $297,576 44% 25% 13% 10% 7%
Male $26,772 $99,888 $329,544 40% 26% 12% 14% 5%
Race and ethnicity
Hispanic or Latino, any race $17,676 $58,716 $224,184 48% 14% 8% 12% 15%
White, non-Hispanic $27,612 $100,404 $339,228 41% 29% 13% 12% 4%
Black or African American, non-Hispanic $17,100 $58,380 $205,320 50% 11% 14% 11% 10%
All other races, non-Hispanic $23,076 $79,848 $307,860 42% 23% 10% 13% 9%
Country of birth
United States $25,716 $94,272 $317,724 42% 26% 13% 11% 5%
Other countries $18,492 $69,108 $270,216 44% 19% 7% 14% 12%
Age
60–69 $21,540 $78,432 $259,836 44% 19% 9% 18% 6%
70–79 $26,340 $102,180 $339,936 42% 26% 14% 10% 6%
80–89 $27,900 $94,224 $368,664 41% 33% 15% 4% 6%
90 or older $25,824 $85,296 $397,332 39% 42% 12% 1% 6%
Marital status
Married $41,628 $123,960 $375,168 38% 27% 13% 15% 5%
Divorced $16,956 $49,860 $184,560 50% 21% 11% 8% 7%
Widowed $20,304 $58,548 $227,844 47% 25% 11% 5% 9%
Never married $12,588 $45,288 $200,484 50% 21% 10% 8% 8%
Highest education level
Graduate $51,576 $174,180 $538,164 29% 36% 19% 13% 3%
Bachelor $33,732 $131,568 $408,540 35% 33% 14% 13% 4%
Associate $27,120 $93,756 $285,192 42% 25% 12% 13% 6%
High school $22,236 $72,360 $223,008 48% 21% 11% 11% 7%
Less than high school $15,660 $43,620 $175,344 54% 13% 6% 9% 13%
Current-law poverty status
Above poverty $29,808 $96,936 $321,720 40% 26% 13% 12% 6%
In poverty $9,120 $13,512 $21,708 79% 14% 1% 1% 0%
Current-law household income quintile
Highest $220,824 $312,144 $691,968 14% 44% 13% 16% 14%
Second highest $123,216 $152,256 $192,936 25% 30% 16% 18% 9%
Middle $73,944 $90,876 $110,688 38% 24% 17% 14% 5%
Second lowest $39,864 $52,284 $65,820 56% 18% 12% 9% 2%
Lowest $12,300 $24,456 $34,404 80% 10% 4% 2% 1%
Current-law benefit type
Retired worker only $26,256 $102,252 $332,844 40% 26% 13% 14% 5%
Widow(er) (includes dually entitled) $20,496 $53,328 $192,900 51% 23% 10% 5% 9%
Spousal (includes dually entitled) $34,140 $111,468 $398,940 41% 30% 14% 8% 5%
Disabled worker only $16,932 $55,224 $191,064 53% 12% 7% 17% 8%
  Hispanic or Latino, any race
Subtotal $17,676 $58,716 $224,184 48% 14% 8% 12% 15%
Sex
Female $15,888 $54,516 $223,572 48% 14% 8% 10% 17%
Male $19,980 $62,172 $226,320 47% 14% 8% 15% 13%
Country of birth
United States $19,272 $66,048 $243,192 48% 15% 11% 11% 12%
Other countries $16,440 $51,984 $203,712 48% 12% 5% 13% 17%
Marital status
Married $24,516 $73,380 $243,192 45% 14% 9% 16% 12%
Divorced $14,232 $43,716 $222,336 49% 14% 8% 7% 17%
Widowed $12,672 $43,428 $175,764 52% 12% 6% 7% 22%
Never married $11,568 $28,416 $159,564 55% 12% 6% 8% 16%
Current-law poverty status
Above poverty $24,072 $69,084 $232,872 44% 14% 9% 14% 17%
In poverty $8,424 $13,752 $21,288 79% 12% 1% 1% 0%
Current-law household income quintile
Highest $215,832 $271,560 $506,412 12% 22% 11% 11% 43%
Second highest $125,880 $153,984 $191,640 21% 17% 11% 20% 31%
Middle $73,440 $86,580 $109,992 32% 15% 14% 20% 15%
Second lowest $39,420 $50,244 $64,476 51% 14% 7% 15% 9%
Lowest $11,568 $22,020 $33,384 79% 8% 3% 3% 1%
Current-law benefit type
Retired worker only $19,200 $63,120 $227,868 46% 14% 9% 14% 14%
Widow(er) (includes dually entitled) $13,368 $43,932 $186,756 52% 13% 5% 6% 22%
Spousal (includes dually entitled) $24,072 $59,568 $256,020 50% 15% 9% 7% 14%
Disabled worker only $17,340 $55,104 $215,628 46% 10% 6% 17% 15%
  White, non-Hispanic
Subtotal $27,612 $100,404 $339,228 41% 29% 13% 12% 4%
Sex
Female $25,992 $91,188 $322,020 43% 28% 13% 10% 5%
Male $30,648 $110,364 $354,912 39% 29% 12% 14% 4%
Country of birth
United States $28,224 $101,280 $339,984 41% 29% 13% 12% 4%
Other countries $19,860 $81,612 $314,112 42% 26% 9% 14% 6%
Age
60–69 $24,168 $89,088 $278,964 42% 22% 10% 19% 4%
70–79 $30,348 $112,740 $363,876 40% 29% 15% 10% 4%
80–89 $29,976 $101,484 $398,940 39% 36% 15% 4% 5%
90 or older $27,408 $89,556 $434,508 38% 45% 11% 1% 5%
Marital status
Married $49,584 $135,264 $399,960 36% 30% 14% 15% 3%
Divorced $17,880 $51,960 $191,208 50% 24% 11% 9% 5%
Widowed $23,232 $62,784 $243,360 45% 29% 12% 5% 7%
Never married $14,148 $55,116 $217,728 47% 27% 10% 8% 5%
Highest education level
Graduate $57,120 $182,244 $554,736 27% 38% 19% 12% 3%
Bachelor $37,188 $138,132 $422,628 34% 36% 14% 13% 3%
Associate $29,484 $99,012 $294,348 41% 28% 12% 13% 4%
High school $24,648 $78,528 $234,684 46% 24% 11% 11% 5%
Less than high school $16,812 $43,764 $163,968 57% 17% 7% 8% 7%
Current-law poverty status
Above poverty $31,884 $104,316 $344,436 39% 29% 13% 12% 4%
In poverty $9,312 $13,908 $23,676 77% 17% 1% 1% 0%
Current-law household income quintile
Highest $221,040 $318,072 $703,440 14% 47% 13% 16% 10%
Second highest $122,916 $152,124 $193,320 26% 33% 17% 17% 6%
Middle $74,040 $91,332 $110,964 38% 26% 16% 14% 3%
Second lowest $40,092 $52,740 $66,024 57% 20% 12% 7% 1%
Lowest $13,296 $25,356 $34,680 80% 11% 4% 2% 0%
Current-law benefit type
Retired worker only $30,804 $113,412 $356,148 38% 29% 13% 14% 4%
Widow(er) (includes dually entitled) $22,500 $56,160 $198,948 50% 26% 11% 5% 7%
Spousal (includes dually entitled) $42,096 $124,848 $433,284 39% 34% 14% 8% 3%
Disabled worker only $17,244 $57,012 $184,032 54% 13% 6% 17% 5%
  Black or African American, non-Hispanic
Subtotal $17,100 $58,380 $205,320 50% 11% 14% 11% 10%
Sex
Female $16,248 $52,944 $204,864 52% 11% 14% 8% 12%
Male $19,320 $63,528 $205,908 48% 11% 13% 14% 8%
Country of birth
United States $17,220 $58,032 $194,856 51% 11% 15% 10% 10%
Other countries $16,752 $65,088 $268,200 46% 13% 7% 16% 12%
Marital status
Married $31,920 $87,804 $255,672 46% 13% 15% 17% 6%
Divorced $14,952 $41,292 $150,108 53% 11% 13% 7% 12%
Widowed $16,404 $44,280 $161,052 52% 10% 14% 4% 16%
Never married $11,148 $28,584 $128,772 57% 8% 10% 7% 12%
Highest education level
Graduate $34,452 $123,132 $281,076 38% 18% 23% 15% 5%
Bachelor $24,060 $88,908 $252,432 42% 16% 20% 13% 6%
Associate $19,764 $63,768 $199,248 48% 12% 16% 11% 8%
High school $15,588 $48,096 $160,200 54% 9% 11% 10% 11%
Less than high school $11,700 $39,540 $159,372 56% 6% 7% 8% 19%
Current-law poverty status
Above poverty $23,976 $65,748 $216,240 46% 12% 15% 12% 11%
In poverty $9,132 $12,000 $17,616 85% 5% 1% 0% 0%
Current-law household income quintile
Highest $219,384 $276,588 $435,456 14% 21% 14% 17% 33%
Second highest $122,808 $149,244 $190,380 23% 14% 21% 21% 19%
Middle $74,016 $90,360 $110,208 36% 14% 21% 15% 11%
Second lowest $39,540 $50,448 $64,752 53% 10% 16% 10% 5%
Lowest $11,556 $22,176 $33,876 80% 6% 5% 3% 2%
Current-law benefit type
Retired worker only $17,088 $63,168 $215,748 48% 12% 15% 12% 9%
Widow(er) (includes dually entitled) $17,220 $43,548 $138,660 55% 9% 11% 5% 16%
Spousal (includes dually entitled) $26,964 $63,456 $256,464 53% 11% 20% 6% 8%
Disabled worker only $15,648 $50,232 $182,028 53% 6% 8% 16% 12%
  All other races, non-Hispanic
Subtotal $23,076 $79,848 $307,860 42% 23% 10% 13% 9%
Sex
Female $21,960 $77,148 $299,052 43% 23% 10% 11% 10%
Male $24,624 $80,700 $335,340 41% 24% 9% 15% 8%
Country of birth
United States $23,808 $74,448 $285,252 45% 22% 12% 10% 8%
Other countries $22,512 $86,112 $343,248 40% 24% 8% 15% 11%
Highest education level
Graduate $44,100 $167,304 $549,120 32% 36% 11% 15% 6%
Bachelor $30,540 $123,648 $447,120 36% 31% 10% 14% 8%
Associate $23,160 $80,700 $243,552 43% 21% 13% 12% 9%
High school $20,664 $62,376 $218,112 48% 17% 8% 12% 10%
Less than high school $11,976 $43,968 $174,708 50% 14% 6% 10% 15%
Current-law poverty status
Above poverty $29,076 $88,044 $317,820 40% 24% 10% 14% 10%
In poverty $8,268 $13,536 $23,076 73% 17% 1% 0% 0%
Current-law household income quintile
Highest $222,324 $307,860 $731,376 13% 35% 10% 18% 23%
Second highest $126,012 $156,672 $195,168 24% 29% 11% 20% 15%
Middle $73,596 $90,228 $108,936 36% 25% 13% 14% 8%
Second lowest $39,336 $52,356 $66,492 53% 19% 11% 10% 3%
Lowest $11,676 $24,636 $34,332 75% 12% 4% 3% 1%
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTES: %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 (2024 $) 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 $24,605 $90,854 $326,642 43% 26% 10% 12% 6%
Sex
Female $23,814 $84,702 $311,373 44% 26% 11% 10% 7%
Male $25,854 $99,253 $342,723 41% 26% 10% 15% 5%
Race and ethnicity
Hispanic or Latino, any race $19,432 $63,605 $230,626 48% 15% 6% 13% 15%
White, non-Hispanic $28,050 $101,189 $357,066 41% 30% 11% 12% 4%
Black or African American, non-Hispanic $18,246 $62,824 $225,245 50% 13% 12% 12% 10%
All other races, non-Hispanic $22,867 $86,243 $355,983 43% 24% 8% 14% 10%
Country of birth
United States $26,073 $95,111 $334,906 42% 27% 11% 12% 5%
Other countries $19,432 $69,548 $297,187 45% 19% 6% 14% 12%
Age
60–69 $21,233 $80,685 $269,043 43% 18% 8% 21% 7%
70–79 $24,740 $92,248 $325,768 45% 26% 10% 11% 6%
80–89 $29,414 $107,039 $415,435 41% 35% 14% 5% 6%
90 or older $29,206 $95,860 $514,147 37% 43% 13% 1% 5%
Marital status
Married $40,238 $123,994 $395,680 39% 27% 11% 16% 4%
Divorced $17,475 $52,583 $206,167 49% 23% 9% 9% 7%
Widowed $20,785 $62,387 $241,326 46% 26% 10% 6% 10%
Never married $13,583 $51,521 $217,543 48% 22% 8% 10% 9%
Highest education level
Graduate $53,155 $175,077 $590,814 29% 38% 16% 13% 3%
Bachelor $35,908 $136,421 $434,826 35% 34% 12% 15% 4%
Associate $26,520 $91,145 $286,529 43% 25% 10% 13% 6%
High school $21,691 $70,339 $231,355 49% 21% 9% 11% 7%
Less than high school $15,623 $44,901 $179,959 54% 13% 5% 10% 14%
Current-law poverty status
Above poverty $29,799 $97,171 $337,082 41% 26% 11% 13% 7%
In poverty $9,263 $13,656 $23,106 78% 15% 1% 1% 0%
Current-law household income quintile
Highest $228,669 $326,642 $744,419 14% 43% 11% 17% 14%
Second highest $124,618 $155,728 $198,829 26% 31% 13% 19% 9%
Middle $74,138 $90,854 $111,993 38% 25% 14% 15% 5%
Second lowest $40,238 $52,884 $66,509 57% 19% 10% 9% 2%
Lowest $12,355 $24,605 $34,795 80% 11% 3% 2% 1%
Current-law benefit type
Retired worker only $26,166 $101,793 $344,888 41% 27% 11% 14% 6%
Widow(er) (includes dually entitled) $20,796 $55,611 $202,347 51% 24% 9% 5% 9%
Spousal (includes dually entitled) $32,151 $112,597 $444,984 42% 31% 11% 9% 5%
Disabled worker only $18,027 $64,209 $193,177 51% 12% 6% 19% 8%
  Hispanic or Latino, any race
Subtotal $19,432 $63,605 $230,626 48% 15% 6% 13% 15%
Sex
Female $18,849 $60,097 $218,532 48% 14% 7% 11% 16%
Male $20,015 $68,112 $238,557 47% 15% 6% 15% 13%
Country of birth
United States $20,150 $75,585 $247,862 47% 17% 9% 13% 12%
Other countries $18,891 $54,092 $209,716 48% 13% 4% 14% 17%
Marital status
Married $24,553 $73,597 $239,619 48% 15% 6% 16% 10%
Divorced $15,154 $50,959 $224,100 47% 15% 6% 9% 20%
Widowed $13,520 $47,618 $207,603 48% 14% 6% 6% 23%
Never married $12,427 $47,212 $185,964 48% 11% 6% 10% 23%
Current-law poverty status
Above poverty $24,418 $72,722 $239,983 45% 14% 7% 14% 16%
In poverty $9,690 $13,999 $23,294 78% 15% 1% 1% 1%
Current-law household income quintile
Highest $226,858 $290,723 $559,818 12% 21% 9% 14% 43%
Second highest $124,556 $153,522 $199,776 21% 17% 8% 22% 30%
Middle $73,888 $90,302 $110,838 34% 17% 9% 20% 15%
Second lowest $40,124 $51,458 $65,374 53% 14% 6% 16% 7%
Lowest $12,136 $23,700 $34,514 79% 9% 2% 3% 1%
Current-law benefit type
Retired worker only $20,702 $70,131 $233,759 46% 15% 7% 15% 14%
Widow(er) (includes dually entitled) $14,353 $44,703 $193,177 51% 14% 5% 6% 21%
Spousal (includes dually entitled) $23,335 $57,152 $268,918 52% 15% 5% 8% 12%
Disabled worker only $19,307 $62,491 $213,276 50% 9% 3% 19% 14%
  White, non-Hispanic
Subtotal $28,050 $101,189 $357,066 41% 30% 11% 12% 4%
Sex
Female $26,427 $93,362 $337,821 43% 30% 11% 10% 5%
Male $30,756 $110,838 $374,697 39% 30% 11% 15% 4%
Country of birth
United States $28,748 $102,396 $359,272 41% 30% 11% 12% 4%
Other countries $19,817 $81,341 $340,569 45% 25% 8% 14% 6%
Age
60–69 $24,043 $89,178 $286,602 42% 21% 8% 22% 4%
70–79 $28,383 $103,885 $354,682 43% 30% 11% 11% 4%
80–89 $32,422 $114,543 $442,819 39% 38% 14% 5% 4%
90 or older $30,371 $100,481 $553,605 36% 46% 13% 1% 4%
Marital status
Married $49,481 $138,981 $434,024 37% 31% 12% 16% 3%
Divorced $18,600 $55,122 $208,477 49% 26% 9% 9% 5%
Widowed $23,991 $66,103 $251,089 45% 30% 11% 6% 6%
Never married $14,665 $55,986 $229,929 47% 27% 9% 10% 4%
Highest education level
Graduate $57,235 $182,124 $611,527 28% 40% 16% 13% 3%
Bachelor $40,342 $147,704 $455,684 34% 36% 12% 14% 3%
Associate $29,289 $97,400 $296,323 42% 28% 10% 13% 5%
High school $23,918 $75,554 $240,764 48% 25% 9% 11% 5%
Less than high school $15,727 $44,079 $168,489 58% 17% 6% 10% 7%
Current-law poverty status
Above poverty $32,859 $106,341 $366,162 40% 30% 11% 13% 4%
In poverty $9,347 $13,801 $23,700 78% 17% 1% 1% 0%
Current-law household income quintile
Highest $228,878 $335,302 $775,197 14% 47% 11% 17% 10%
Second highest $124,857 $155,999 $199,152 27% 35% 14% 19% 5%
Middle $74,325 $91,062 $112,149 39% 28% 14% 13% 3%
Second lowest $40,322 $53,269 $66,509 58% 21% 10% 7% 1%
Lowest $13,114 $25,500 $35,107 80% 12% 3% 1% 0%
Current-law benefit type
Retired worker only $30,434 $113,419 $374,937 39% 30% 11% 14% 4%
Widow(er) (includes dually entitled) $23,273 $58,880 $211,485 51% 27% 9% 5% 6%
Spousal (includes dually entitled) $40,592 $131,654 $488,730 39% 35% 12% 8% 3%
Disabled worker only $18,870 $68,757 $196,966 51% 16% 6% 19% 4%
  Black or African American, non-Hispanic
Subtotal $18,246 $62,824 $225,245 50% 13% 12% 12% 10%
Sex
Female $17,965 $59,837 $216,023 51% 12% 13% 10% 12%
Male $18,672 $65,926 $238,380 48% 13% 11% 14% 8%
Country of birth
United States $18,360 $62,012 $215,357 50% 12% 13% 11% 10%
Other countries $17,330 $69,423 $309,375 47% 14% 7% 15% 14%
Marital status
Married $32,026 $90,750 $267,971 46% 13% 14% 18% 5%
Divorced $15,821 $43,309 $153,355 54% 13% 11% 7% 12%
Widowed $16,997 $46,161 $200,931 51% 13% 12% 5% 16%
Never married $11,616 $37,667 $190,721 52% 10% 9% 9% 15%
Highest education level
Graduate $39,468 $119,227 $324,467 38% 24% 21% 13% 4%
Bachelor $23,856 $88,324 $246,395 44% 17% 16% 16% 4%
Associate $19,339 $65,562 $219,406 50% 13% 13% 12% 8%
High school $16,872 $54,779 $177,659 52% 10% 10% 11% 12%
Less than high school $11,855 $36,013 $154,438 56% 7% 7% 6% 19%
Current-law poverty status
Above poverty $23,877 $69,985 $233,957 47% 13% 13% 13% 11%
In poverty $8,556 $12,292 $18,277 81% 8% 1% 1% 0%
Current-law household income quintile
Highest $224,558 $286,820 $518,175 13% 19% 14% 19% 34%
Second highest $122,130 $150,431 $196,050 24% 16% 17% 23% 18%
Middle $74,003 $90,219 $111,243 37% 15% 17% 17% 11%
Second lowest $39,957 $52,551 $67,102 54% 12% 13% 10% 5%
Lowest $11,532 $22,773 $33,525 80% 8% 5% 2% 1%
Current-law benefit type
Retired worker only $18,485 $69,246 $240,722 48% 14% 13% 13% 9%
Widow(er) (includes dually entitled) $17,319 $43,465 $176,930 57% 11% 10% 5% 14%
Spousal (includes dually entitled) $25,792 $69,496 $275,444 47% 12% 15% 11% 10%
Disabled worker only $16,060 $53,061 $137,951 53% 7% 8% 15% 11%
  All other races, non-Hispanic
Subtotal $22,867 $86,243 $355,983 43% 24% 8% 14% 10%
Sex
Female $22,732 $82,381 $354,838 44% 24% 8% 11% 11%
Male $22,961 $90,188 $359,532 41% 24% 7% 18% 8%
Country of birth
United States $22,898 $78,624 $296,167 46% 23% 10% 11% 8%
Other countries $22,638 $92,810 $385,876 40% 24% 6% 16% 11%
Marital status
Married $31,724 $113,294 $422,034 40% 25% 8% 18% 8%
Divorced $14,842 $50,449 $201,733 47% 21% 8% 9% 12%
Widowed $18,235 $58,026 $256,595 47% 23% 9% 6% 13%
Never married $13,104 $53,332 $274,747 46% 22% 6% 10% 12%
Highest education level
Graduate $46,442 $190,606 $672,217 30% 37% 9% 18% 5%
Bachelor $30,371 $124,035 $415,862 35% 30% 8% 18% 7%
Associate $23,887 $86,212 $308,449 43% 22% 10% 12% 10%
High school $19,401 $61,596 $235,893 50% 17% 7% 11% 11%
Less than high school $12,448 $40,311 $173,402 54% 13% 4% 10% 16%
Current-law poverty status
Above poverty $27,925 $94,059 $368,182 41% 24% 8% 15% 10%
In poverty $7,525 $13,583 $27,967 70% 20% 2% 1% 0%
Current-law household income quintile
Highest $231,324 $340,631 $725,060 13% 36% 9% 21% 21%
Second highest $124,368 $161,484 $198,642 24% 31% 9% 20% 15%
Middle $74,211 $90,188 $114,813 37% 23% 10% 18% 10%
Second lowest $40,249 $52,270 $66,842 56% 20% 9% 11% 2%
Lowest $11,636 $24,366 $34,087 76% 12% 3% 2% 1%
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTES: %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 (2024 $) 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 $24,458 $91,595 $350,421 48% 26% 6% 13% 6%
Sex
Female $23,480 $85,021 $331,812 49% 25% 6% 11% 7%
Male $26,129 $99,543 $371,647 46% 26% 5% 14% 6%
Race and ethnicity
Hispanic or Latino, any race $20,449 $64,889 $264,131 53% 16% 4% 12% 12%
White, non-Hispanic $28,662 $105,236 $375,462 45% 30% 6% 13% 4%
Black or African American, non-Hispanic $18,596 $61,074 $234,316 55% 16% 6% 11% 9%
All other races, non-Hispanic $23,940 $115,367 $540,659 43% 28% 5% 14% 9%
Country of birth
United States $26,136 $96,129 $347,474 47% 27% 6% 13% 5%
Other countries $20,358 $73,919 $364,257 51% 20% 4% 12% 11%
Age
60–69 $22,755 $88,622 $312,218 46% 18% 4% 21% 7%
70–79 $23,947 $91,686 $343,458 50% 22% 5% 14% 7%
80–89 $25,035 $86,983 $355,447 49% 32% 7% 6% 5%
90 or older $31,253 $116,138 $529,136 38% 48% 8% 2% 4%
Marital status
Married $38,928 $125,199 $418,180 45% 25% 6% 17% 4%
Divorced $19,017 $58,645 $250,606 51% 25% 5% 10% 7%
Widowed $20,475 $65,686 $284,430 49% 30% 6% 5% 8%
Never married $15,215 $57,577 $257,064 50% 22% 4% 11% 10%
Highest education level
Graduate $49,357 $189,953 $625,142 34% 37% 9% 17% 3%
Bachelor $37,853 $144,949 $459,809 39% 34% 8% 14% 4%
Associate $25,657 $83,084 $271,994 50% 24% 6% 12% 6%
High school $20,475 $64,436 $226,433 54% 20% 4% 11% 7%
Less than high school $15,954 $45,749 $206,852 59% 12% 2% 9% 14%
Current-law poverty status
Above poverty $29,400 $97,444 $362,113 46% 26% 6% 13% 7%
In poverty $8,265 $13,725 $21,427 81% 14% 1% 1% 0%
Current-law household income quintile
Highest $243,792 $350,421 $760,589 16% 37% 7% 23% 16%
Second highest $128,477 $162,463 $210,738 30% 31% 8% 20% 9%
Middle $73,265 $91,595 $114,771 45% 27% 7% 13% 4%
Second lowest $39,680 $51,300 $65,168 65% 21% 4% 5% 2%
Lowest $12,624 $24,465 $34,556 82% 12% 2% 1% 0%
Current-law benefit type
Retired worker only $26,103 $101,013 $374,199 46% 26% 6% 14% 6%
Widow(er) (includes dually entitled) $20,475 $55,679 $241,480 54% 27% 5% 4% 8%
Spousal (includes dually entitled) $28,234 $95,352 $369,354 50% 25% 5% 11% 5%
Disabled worker only $21,278 $73,686 $255,315 53% 13% 3% 15% 10%
  Hispanic or Latino, any race
Subtotal $20,449 $64,889 $264,131 53% 16% 4% 12% 12%
Sex
Female $19,374 $61,735 $248,099 54% 15% 4% 11% 13%
Male $21,790 $67,247 $278,484 53% 17% 4% 13% 11%
Country of birth
United States $22,094 $75,104 $272,383 51% 18% 5% 13% 10%
Other countries $19,024 $55,705 $257,420 55% 14% 3% 10% 14%
Age
60–69 $19,691 $67,519 $248,099 51% 13% 3% 18% 12%
70–79 $22,042 $66,580 $285,797 54% 15% 4% 11% 14%
80–89 $19,270 $56,087 $261,041 57% 20% 5% 5% 11%
90 or older $19,775 $79,029 $270,051 51% 30% 7% 2% 9%
Marital status
Married $28,882 $78,660 $293,434 53% 16% 4% 15% 9%
Divorced $16,828 $52,110 $227,197 52% 16% 4% 9% 16%
Widowed $15,494 $40,755 $214,217 56% 17% 4% 5% 17%
Never married $13,356 $47,725 $222,812 50% 16% 3% 10% 19%
Highest education level
Graduate $30,087 $115,717 $403,535 43% 26% 7% 18% 4%
Bachelor $25,326 $96,265 $373,597 45% 24% 7% 15% 7%
Associate $24,270 $85,254 $291,102 50% 19% 5% 13% 11%
High school $19,691 $61,774 $224,956 55% 15% 3% 12% 12%
Less than high school $17,864 $48,010 $221,905 58% 11% 2% 9% 17%
Current-law poverty status
Above poverty $25,533 $71,827 $276,016 51% 16% 4% 12% 13%
In poverty $9,399 $14,023 $21,310 81% 13% 1% 1% 0%
Current-law household income quintile
Highest $243,805 $336,637 $612,835 14% 18% 4% 21% 42%
Second highest $126,637 $160,572 $210,130 26% 19% 6% 23% 25%
Middle $72,954 $89,814 $113,378 42% 19% 6% 18% 11%
Second lowest $39,116 $50,212 $64,747 66% 16% 3% 7% 4%
Lowest $12,851 $24,160 $34,446 82% 11% 1% 1% 1%
Current-law benefit type
Retired worker only $21,310 $71,548 $285,797 52% 17% 4% 13% 12%
Widow(er) (includes dually entitled) $15,856 $40,755 $201,677 59% 16% 2% 3% 18%
Spousal (includes dually entitled) $25,864 $57,130 $256,209 57% 15% 4% 9% 9%
Disabled worker only $21,038 $69,242 $216,995 52% 11% 2% 14% 15%
  White, non-Hispanic
Subtotal $28,662 $105,236 $375,462 45% 30% 6% 13% 4%
Sex
Female $26,686 $96,745 $351,865 47% 30% 6% 11% 4%
Male $31,965 $114,518 $398,729 43% 30% 6% 15% 3%
Country of birth
United States $29,614 $107,005 $375,151 45% 30% 6% 13% 4%
Other countries $21,265 $84,801 $383,203 50% 26% 5% 12% 5%
Age
60–69 $26,181 $101,091 $334,396 44% 20% 5% 23% 4%
70–79 $27,613 $106,499 $360,662 48% 25% 6% 15% 4%
80–89 $29,368 $99,174 $366,724 46% 36% 7% 6% 3%
90 or older $35,165 $130,485 $575,882 36% 52% 8% 2% 3%
Marital status
Married $48,657 $141,710 $442,101 43% 29% 7% 17% 3%
Divorced $20,501 $64,099 $262,272 50% 28% 5% 10% 5%
Widowed $24,763 $73,938 $305,333 46% 35% 7% 6% 5%
Never married $16,614 $64,119 $273,283 48% 29% 5% 12% 4%
Highest education level
Graduate $56,586 $198,412 $622,137 32% 39% 9% 16% 3%
Bachelor $44,583 $158,441 $471,196 37% 37% 8% 14% 3%
Associate $27,826 $89,244 $272,227 49% 27% 6% 13% 4%
High school $22,534 $69,637 $229,192 53% 24% 4% 12% 4%
Less than high school $14,749 $42,154 $164,931 62% 14% 2% 10% 7%
Current-law poverty status
Above poverty $33,151 $110,224 $381,706 44% 30% 6% 14% 4%
In poverty $8,433 $13,848 $22,832 81% 16% 1% 0% 0%
Current-law household income quintile
Highest $243,449 $350,764 $764,825 16% 42% 8% 23% 10%
Second highest $128,840 $163,467 $211,419 31% 35% 8% 20% 4%
Middle $73,316 $92,612 $115,270 46% 30% 7% 12% 2%
Second lowest $39,952 $51,682 $65,401 65% 23% 5% 5% 0%
Lowest $12,974 $25,287 $34,822 83% 13% 2% 1% 0%
Current-law benefit type
Retired worker only $31,518 $116,934 $397,595 43% 30% 7% 15% 3%
Widow(er) (includes dually entitled) $23,480 $61,592 $256,747 53% 31% 5% 4% 5%
Spousal (includes dually entitled) $31,078 $118,495 $399,655 48% 30% 5% 11% 3%
Disabled worker only $24,484 $84,341 $273,154 52% 15% 4% 18% 6%
  Black or African American, non-Hispanic
Subtotal $18,596 $61,074 $234,316 55% 16% 6% 11% 9%
Sex
Female $19,484 $57,026 $218,472 56% 15% 6% 10% 11%
Male $17,301 $67,474 $246,571 53% 17% 6% 12% 7%
Country of birth
United States $18,810 $60,524 $234,743 54% 16% 7% 11% 9%
Other countries $17,806 $69,741 $230,449 55% 17% 5% 10% 11%
Age
60–69 $17,936 $61,716 $236,570 51% 12% 4% 16% 12%
70–79 $17,851 $61,320 $234,316 57% 15% 6% 12% 8%
80–89 $20,002 $60,977 $229,270 56% 20% 9% 5% 8%
90 or older $21,783 $59,248 $224,619 52% 31% 11% 2% 4%
Marital status
Married $33,811 $92,198 $286,516 52% 17% 8% 16% 4%
Divorced $17,281 $44,797 $184,026 58% 16% 5% 9% 8%
Widowed $17,197 $50,516 $209,922 54% 19% 8% 4% 11%
Never married $14,522 $47,958 $204,442 54% 14% 4% 9% 15%
Highest education level
Graduate $43,871 $134,961 $373,739 39% 27% 12% 16% 4%
Bachelor $29,213 $88,797 $279,754 48% 22% 8% 15% 4%
Associate $19,957 $54,480 $198,049 58% 15% 7% 10% 7%
High school $15,876 $47,407 $194,312 59% 12% 4% 9% 11%
Less than high school $12,138 $51,177 $208,232 54% 9% 3% 8% 22%
Current-law poverty status
Above poverty $23,785 $68,024 $241,564 52% 17% 7% 12% 10%
In poverty $7,164 $12,819 $17,851 85% 8% 1% 1% 0%
Current-law household income quintile
Highest $238,390 $310,689 $544,390 15% 20% 8% 24% 33%
Second highest $127,130 $158,927 $208,232 27% 20% 10% 24% 18%
Middle $74,139 $89,270 $114,771 43% 21% 9% 14% 9%
Second lowest $39,926 $51,682 $64,922 62% 17% 7% 6% 3%
Lowest $11,970 $23,279 $33,980 84% 9% 2% 1% 1%
Current-law benefit type
Retired worker only $18,447 $65,874 $242,794 53% 17% 7% 12% 8%
Widow(er) (includes dually entitled) $17,806 $44,577 $191,352 60% 17% 6% 4% 11%
Spousal (includes dually entitled) $21,738 $66,969 $202,506 58% 17% 5% 10% 4%
Disabled worker only $19,931 $49,363 $222,702 59% 9% 3% 8% 16%
  All other races, non-Hispanic
Subtotal $23,940 $115,367 $540,659 43% 28% 5% 14% 9%
Sex
Female $21,796 $99,381 $535,432 45% 27% 5% 12% 10%
Male $26,311 $135,667 $555,472 41% 28% 5% 15% 8%
Country of birth
United States $23,823 $90,326 $419,670 46% 28% 6% 12% 6%
Other countries $23,992 $134,073 $573,058 42% 27% 4% 15% 10%
Age
60–69 $24,128 $119,512 $597,044 38% 21% 4% 24% 11%
70–79 $23,098 $119,681 $528,235 45% 25% 5% 15% 9%
80–89 $23,150 $104,427 $516,855 46% 33% 5% 6% 8%
90 or older $37,322 $114,564 $648,991 39% 45% 6% 3% 8%
Marital status
Married $37,937 $162,224 $648,272 40% 28% 5% 18% 7%
Divorced $16,867 $57,907 $300,617 49% 26% 4% 9% 10%
Widowed $16,996 $70,188 $390,671 47% 29% 5% 5% 12%
Never married $16,634 $73,012 $419,670 46% 24% 3% 14% 12%
Highest education level
Graduate $44,084 $231,569 $816,824 33% 36% 6% 18% 5%
Bachelor $30,754 $142,740 $561,496 40% 32% 5% 14% 8%
Associate $23,577 $77,986 $333,101 48% 21% 4% 13% 11%
High school $19,056 $69,903 $281,166 52% 20% 4% 9% 12%
Less than high school $11,290 $32,730 $178,540 62% 13% 2% 8% 13%
Current-law poverty status
Above poverty $30,217 $128,768 $555,472 41% 28% 5% 14% 9%
In poverty $9,509 $13,317 $21,505 79% 16% 1% 1% 0%
Current-law household income quintile
Highest $251,234 $400,257 $894,468 16% 36% 6% 23% 19%
Second highest $131,100 $165,158 $211,470 31% 34% 6% 19% 9%
Middle $72,280 $90,378 $114,564 45% 29% 6% 12% 7%
Second lowest $39,272 $50,076 $64,967 64% 22% 4% 7% 2%
Lowest $11,510 $23,344 $34,278 80% 13% 2% 1% 0%
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTES: %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 (2024 $) 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 $27,708 $99,274 $402,225 50% 24% 4% 13% 7%
Sex
Female $26,728 $92,688 $384,949 52% 23% 4% 12% 7%
Male $29,256 $107,538 $420,601 48% 25% 4% 14% 6%
Race and ethnicity
Hispanic or Latino, any race $23,544 $73,840 $295,417 56% 16% 3% 12% 11%
White, non-Hispanic $32,577 $114,112 $426,591 48% 28% 5% 13% 4%
Black or African American, non-Hispanic $21,730 $72,042 $292,793 56% 16% 4% 11% 10%
All other races, non-Hispanic $28,345 $138,599 $632,057 44% 27% 3% 15% 10%
Country of birth
United States $29,380 $102,979 $394,309 50% 25% 4% 13% 6%
Other countries $23,109 $85,816 $435,491 52% 20% 3% 12% 11%
Age
60–69 $27,200 $103,192 $369,326 48% 17% 4% 21% 8%
70–79 $27,486 $98,335 $411,081 52% 21% 4% 13% 7%
80–89 $27,792 $93,905 $406,240 52% 29% 4% 7% 6%
90 or older $30,171 $106,989 $468,487 46% 42% 4% 3% 4%
Marital status
Married $45,532 $141,747 $476,488 48% 23% 5% 18% 5%
Divorced $23,951 $70,156 $309,730 53% 23% 4% 10% 9%
Widowed $23,145 $72,413 $319,493 53% 28% 4% 6% 8%
Never married $19,364 $66,411 $336,974 52% 23% 3% 10% 9%
Highest education level
Graduate $50,175 $191,322 $628,228 39% 33% 6% 17% 3%
Bachelor $41,489 $149,180 $549,841 42% 32% 6% 14% 4%
Associate $28,901 $87,089 $303,217 53% 22% 4% 12% 7%
High school $23,677 $71,724 $263,271 57% 18% 3% 11% 8%
Less than high school $18,429 $53,529 $243,037 60% 12% 2% 9% 14%
Current-law poverty status
Above poverty $31,311 $103,878 $410,270 49% 24% 4% 13% 7%
In poverty $7,683 $13,277 $20,569 82% 14% 0% 0% 0%
Current-law household income quintile
Highest $277,625 $402,261 $835,652 17% 32% 6% 26% 18%
Second highest $141,340 $180,777 $239,038 32% 28% 6% 22% 10%
Middle $79,120 $99,274 $125,104 50% 27% 5% 12% 4%
Second lowest $44,173 $56,346 $70,906 69% 21% 3% 4% 2%
Lowest $14,184 $27,708 $38,534 84% 12% 1% 1% 0%
Current-law benefit type
Retired worker only $28,881 $110,202 $433,738 48% 25% 4% 15% 6%
Widow(er) (includes dually entitled) $23,181 $60,494 $244,258 59% 24% 3% 4% 8%
Spousal (includes dually entitled) $33,238 $104,535 $401,471 54% 22% 4% 11% 6%
Disabled worker only $26,434 $75,763 $273,969 56% 12% 3% 14% 10%
  Hispanic or Latino, any race
Subtotal $23,544 $73,840 $295,417 56% 16% 3% 12% 11%
Sex
Female $23,004 $72,663 $286,662 57% 15% 3% 11% 11%
Male $24,076 $75,166 $304,212 54% 17% 3% 12% 10%
Country of birth
United States $25,495 $80,418 $288,351 55% 17% 4% 13% 9%
Other countries $20,622 $64,473 $307,231 57% 14% 2% 10% 13%
Age
60–69 $24,290 $81,793 $292,857 51% 12% 3% 18% 11%
70–79 $23,616 $73,755 $313,769 57% 15% 3% 10% 12%
80–89 $22,589 $64,078 $276,682 60% 21% 3% 5% 9%
90 or older $22,190 $67,032 $225,269 58% 29% 4% 2% 7%
Marital status
Married $36,870 $96,529 $326,059 55% 16% 3% 16% 7%
Divorced $21,432 $60,518 $268,100 55% 16% 3% 9% 14%
Widowed $18,010 $47,862 $232,956 59% 17% 3% 4% 15%
Never married $16,522 $49,845 $273,747 56% 16% 2% 9% 14%
Highest education level
Graduate $39,195 $129,558 $444,968 45% 25% 6% 18% 4%
Bachelor $25,729 $102,624 $442,444 49% 24% 5% 14% 6%
Associate $27,607 $83,756 $286,263 55% 18% 4% 12% 10%
High school $22,996 $69,797 $265,605 57% 15% 3% 11% 10%
Less than high school $19,936 $56,600 $259,809 59% 11% 2% 9% 16%
Current-law poverty status
Above poverty $27,176 $78,367 $302,104 54% 16% 3% 12% 11%
In poverty $8,005 $13,487 $19,969 82% 13% 0% 1% 0%
Current-law household income quintile
Highest $273,941 $371,700 $675,634 15% 17% 4% 22% 42%
Second highest $140,195 $176,775 $235,261 29% 19% 5% 25% 20%
Middle $78,814 $97,440 $124,600 48% 20% 4% 15% 8%
Second lowest $43,835 $55,609 $70,607 70% 17% 3% 5% 2%
Lowest $13,842 $26,938 $38,434 85% 11% 1% 1% 0%
Current-law benefit type
Retired worker only $23,963 $79,693 $310,964 54% 17% 3% 13% 10%
Widow(er) (includes dually entitled) $19,686 $46,753 $204,398 63% 15% 2% 4% 14%
Spousal (includes dually entitled) $30,259 $81,998 $309,597 58% 15% 3% 10% 9%
Disabled worker only $22,419 $71,672 $263,957 57% 10% 2% 13% 11%
  White, non-Hispanic
Subtotal $32,577 $114,112 $426,591 48% 28% 5% 13% 4%
Sex
Female $30,719 $104,587 $401,137 51% 27% 5% 12% 4%
Male $35,519 $123,790 $451,768 46% 29% 5% 15% 4%
Country of birth
United States $33,431 $115,402 $424,689 48% 28% 5% 13% 4%
Other countries $24,261 $95,981 $445,068 51% 25% 3% 13% 6%
Age
60–69 $32,758 $120,626 $400,778 45% 20% 4% 23% 5%
70–79 $32,125 $113,878 $426,684 50% 24% 5% 15% 4%
80–89 $31,851 $104,789 $416,091 50% 33% 5% 7% 4%
90 or older $36,309 $121,911 $510,343 43% 46% 5% 3% 3%
Marital status
Married $52,928 $161,454 $501,641 46% 26% 5% 18% 3%
Divorced $26,224 $76,650 $322,391 52% 27% 4% 10% 6%
Widowed $28,135 $81,329 $324,943 51% 33% 5% 6% 4%
Never married $20,976 $77,016 $338,752 50% 29% 4% 12% 4%
Highest education level
Graduate $58,039 $204,208 $620,630 37% 35% 7% 17% 3%
Bachelor $49,059 $160,510 $554,363 41% 35% 6% 14% 3%
Associate $31,597 $92,825 $305,172 52% 25% 4% 13% 4%
High school $26,406 $74,610 $255,879 57% 21% 3% 11% 5%
Less than high school $17,917 $49,164 $179,608 66% 16% 2% 9% 5%
Current-law poverty status
Above poverty $35,439 $117,417 $430,783 48% 28% 5% 14% 4%
In poverty $7,570 $13,435 $22,649 82% 16% 0% 0% 0%
Current-law household income quintile
Highest $277,657 $401,080 $843,174 18% 37% 7% 27% 11%
Second highest $141,618 $181,998 $239,586 33% 32% 7% 21% 5%
Middle $79,201 $99,895 $125,479 51% 30% 5% 10% 2%
Second lowest $44,431 $57,044 $71,164 69% 23% 3% 3% 1%
Lowest $15,365 $28,905 $38,813 84% 13% 1% 1% 0%
Current-law benefit type
Retired worker only $34,604 $126,898 $455,548 46% 28% 5% 15% 4%
Widow(er) (includes dually entitled) $26,543 $66,436 $248,503 57% 28% 3% 4% 5%
Spousal (includes dually entitled) $38,337 $123,395 $444,593 52% 27% 4% 12% 4%
Disabled worker only $30,388 $85,687 $280,676 56% 15% 3% 16% 6%
  Black or African American, non-Hispanic
Subtotal $21,730 $72,042 $292,793 56% 16% 4% 11% 10%
Sex
Female $22,343 $67,544 $290,528 57% 15% 4% 10% 13%
Male $20,859 $76,956 $300,435 55% 18% 4% 11% 8%
Country of birth
United States $21,984 $70,007 $290,653 56% 17% 4% 11% 10%
Other countries $20,896 $80,850 $317,195 56% 14% 3% 10% 13%
Age
60–69 $22,452 $72,587 $293,635 52% 11% 3% 16% 13%
70–79 $20,859 $67,205 $299,996 59% 15% 4% 11% 10%
80–89 $21,706 $72,957 $291,439 57% 21% 4% 6% 10%
90 or older $23,741 $82,901 $263,231 54% 31% 6% 2% 6%
Marital status
Married $40,655 $123,225 $361,216 54% 16% 5% 17% 5%
Divorced $21,327 $56,423 $267,588 58% 17% 3% 8% 10%
Widowed $19,142 $67,770 $301,971 55% 20% 5% 5% 12%
Never married $19,408 $54,517 $254,037 57% 15% 3% 9% 14%
Highest education level
Graduate $39,776 $126,450 $381,434 48% 27% 6% 13% 5%
Bachelor $33,472 $105,603 $347,837 51% 22% 7% 15% 4%
Associate $22,270 $59,353 $237,337 59% 15% 3% 10% 10%
High school $19,017 $55,097 $243,654 60% 12% 3% 9% 12%
Less than high school $13,350 $45,629 $273,227 56% 8% 1% 7% 25%
Current-law poverty status
Above poverty $25,180 $76,376 $301,040 55% 17% 4% 11% 11%
In poverty $6,365 $12,600 $16,780 87% 10% 0% 0% 0%
Current-law household income quintile
Highest $275,223 $368,052 $662,514 15% 17% 5% 26% 36%
Second highest $140,804 $179,241 $237,752 29% 21% 7% 21% 20%
Middle $78,802 $99,093 $124,415 46% 22% 5% 13% 9%
Second lowest $43,819 $55,500 $70,676 67% 18% 3% 4% 4%
Lowest $13,689 $26,539 $38,047 86% 9% 1% 1% 0%
Current-law benefit type
Retired worker only $21,524 $74,703 $306,155 55% 17% 4% 12% 10%
Widow(er) (includes dually entitled) $20,069 $52,751 $240,344 60% 18% 3% 3% 12%
Spousal (includes dually entitled) $30,819 $83,151 $263,001 65% 15% 4% 9% 4%
Disabled worker only $24,894 $60,103 $266,972 58% 8% 2% 10% 15%
  All other races, non-Hispanic
Subtotal $28,345 $138,599 $632,057 44% 27% 3% 15% 10%
Sex
Female $25,721 $120,557 $633,649 46% 25% 3% 14% 10%
Male $33,061 $157,378 $632,057 42% 29% 3% 16% 9%
Country of birth
United States $28,095 $131,456 $638,381 44% 28% 4% 15% 7%
Other countries $28,345 $142,376 $625,793 44% 26% 3% 14% 11%
Age
60–69 $27,671 $143,428 $549,784 42% 20% 3% 22% 11%
70–79 $29,171 $137,978 $625,793 45% 24% 3% 16% 10%
80–89 $27,740 $134,729 $757,616 45% 32% 4% 9% 10%
90 or older $27,833 $145,608 $636,926 44% 44% 3% 3% 6%
Marital status
Married $45,318 $190,443 $745,741 42% 26% 4% 19% 7%
Divorced $19,888 $91,007 $429,715 47% 23% 2% 10% 16%
Widowed $22,194 $78,786 $459,873 49% 28% 3% 9% 10%
Never married $21,331 $99,960 $643,617 44% 29% 3% 12% 11%
Highest education level
Graduate $39,292 $244,020 $905,409 37% 33% 5% 19% 6%
Bachelor $34,044 $167,830 $656,689 41% 30% 4% 16% 8%
Associate $26,849 $86,787 $413,556 49% 20% 3% 13% 14%
High school $22,742 $84,344 $419,614 51% 22% 2% 10% 12%
Less than high school $11,685 $47,745 $293,228 58% 12% 1% 7% 19%
Current-law poverty status
Above poverty $33,048 $149,385 $638,381 43% 27% 3% 15% 10%
In poverty $8,529 $13,177 $21,347 79% 16% 1% 0% 0%
Current-law household income quintile
Highest $286,751 $470,962 $1,039,022 16% 35% 5% 25% 19%
Second highest $142,069 $182,611 $241,078 32% 31% 4% 21% 11%
Middle $79,338 $99,500 $123,955 50% 27% 4% 13% 5%
Second lowest $44,141 $55,391 $69,624 68% 22% 2% 4% 2%
Lowest $12,943 $27,067 $37,700 82% 14% 1% 1% 0%
Current-law benefit type
Retired worker only $29,513 $160,897 $680,354 42% 28% 4% 16% 10%
Widow(er) (includes dually entitled) $20,916 $56,858 $327,317 57% 26% 1% 5% 9%
Spousal (includes dually entitled) $34,363 $117,727 $514,692 50% 23% 2% 14% 7%
Disabled worker only $30,021 $78,077 $324,003 53% 14% 1% 12% 18%
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTES: %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 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Individual earnings (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $0 $0 $37,877
Sex
Female $0 $0 $27,626
Male $0 $0 $52,502
Race and ethnicity
Hispanic or Latino, any race $0 $0 $26,721
White, non-Hispanic $0 $0 $41,705
Black or African American, non-Hispanic $0 $0 $25,914
All other races, non-Hispanic $0 $0 $38,022
Country of birth
United States $0 $0 $38,831
Other countries $0 $0 $33,024
Age
60–69 $0 $0 $38,114
70–79 $0 $0 $48,429
80–89 $0 $0 $686
90 or older $0 $0 $0
Marital status
Married $0 $0 $44,026
Divorced $0 $0 $38,588
Widowed $0 $0 $19,975
Never married $0 $0 $32,242
Highest education level
Graduate $0 $0 $83,496
Bachelor $0 $0 $58,346
Associate $0 $0 $37,840
High school $0 $0 $26,555
Less than high school $0 $0 $11,827
Current-law poverty status
Above poverty $0 $0 $39,997
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $104,310
Second highest $0 $0 $57,003
Middle $0 $0 $30,682
Second lowest $0 $0 $11,492
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $50,728
Widow(er) (includes dually entitled) $0 $0 $15,208
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $6,559
  Hispanic or Latino, any race
Subtotal $0 $0 $26,721
Sex
Female $0 $0 $19,591
Male $0 $0 $30,718
Country of birth
United States $0 $0 $29,208
Other countries $0 $0 $24,246
Marital status
Married $0 $0 $27,897
Divorced $0 $0 $30,197
Widowed $0 $0 $23,057
Never married $0 $0 $23,470
Current-law poverty status
Above poverty $0 $0 $29,208
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $63,048
Second highest $0 $0 $57,052
Middle $0 $0 $35,426
Second lowest $0 $0 $19,734
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $32,453
Widow(er) (includes dually entitled) $0 $0 $14,688
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $2,743
  White, non-Hispanic
Subtotal $0 $0 $41,705
Sex
Female $0 $0 $29,241
Male $0 $0 $60,235
Country of birth
United States $0 $0 $41,949
Other countries $0 $0 $37,840
Age
60–69 $0 $0 $41,249
70–79 $0 $0 $54,607
80–89 $0 $0 $686
90 or older $0 $0 $0
Marital status
Married $0 $0 $48,523
Divorced $0 $0 $42,331
Widowed $0 $0 $20,823
Never married $0 $0 $40,207
Highest education level
Graduate $0 $0 $83,968
Bachelor $0 $0 $60,681
Associate $0 $0 $39,467
High school $0 $0 $28,269
Less than high school $0 $0 $9,010
Current-law poverty status
Above poverty $0 $0 $43,578
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $106,541
Second highest $0 $0 $55,539
Middle $0 $0 $30,082
Second lowest $0 $0 $9,766
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $57,184
Widow(er) (includes dually entitled) $0 $0 $15,302
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $7,283
  Black or African American, non-Hispanic
Subtotal $0 $0 $25,914
Sex
Female $0 $0 $24,013
Male $0 $0 $29,050
Country of birth
United States $0 $0 $24,013
Other countries $0 $0 $33,492
Marital status
Married $0 $0 $31,718
Divorced $0 $0 $29,097
Widowed $0 $0 $14,160
Never married $0 $0 $18,889
Highest education level
Graduate $0 $0 $62,893
Bachelor $0 $0 $42,121
Associate $0 $0 $31,224
High school $0 $0 $18,766
Less than high school $0 $0 $8,139
Current-law poverty status
Above poverty $0 $0 $29,050
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $84,277
Second highest $0 $0 $61,311
Middle $0 $0 $30,951
Second lowest $0 $0 $17,368
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $31,718
Widow(er) (includes dually entitled) $0 $0 $18,333
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $4,028
  All other races, non-Hispanic
Subtotal $0 $0 $38,022
Sex
Female $0 $0 $29,415
Male $0 $0 $51,895
Country of birth
United States $0 $0 $35,712
Other countries $0 $0 $42,011
Highest education level
Graduate $0 $0 $83,966
Bachelor $0 $0 $63,194
Associate $0 $0 $23,872
High school $0 $0 $21,352
Less than high school $0 $0 $11,827
Current-law poverty status
Above poverty $0 $0 $40,996
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $106,851
Second highest $0 $0 $63,194
Middle $0 $0 $30,094
Second lowest $0 $0 $8,987
Lowest $0 $0 $686
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $0 $0 $45,694
Sex
Female $0 $0 $36,993
Male $0 $0 $58,956
Race and ethnicity
Hispanic or Latino, any race $0 $0 $32,030
White, non-Hispanic $0 $0 $51,010
Black or African American, non-Hispanic $0 $0 $36,761
All other races, non-Hispanic $0 $0 $50,962
Country of birth
United States $0 $0 $47,189
Other countries $0 $0 $38,098
Age
60–69 $0 $0 $47,691
70–79 $0 $0 $54,867
80–89 $0 $0 $7,498
90 or older $0 $0 $0
Marital status
Married $0 $0 $50,962
Divorced $0 $0 $46,117
Widowed $0 $0 $30,236
Never married $0 $0 $46,560
Highest education level
Graduate $0 $0 $95,815
Bachelor $0 $0 $71,518
Associate $0 $0 $42,409
High school $0 $0 $31,445
Less than high school $0 $0 $16,881
Current-law poverty status
Above poverty $0 $0 $48,033
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $119,850
Second highest $0 $0 $65,870
Middle $0 $0 $35,274
Second lowest $0 $0 $14,361
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $59,583
Widow(er) (includes dually entitled) $0 $0 $16,450
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $7,640
  Hispanic or Latino, any race
Subtotal $0 $0 $32,030
Sex
Female $0 $0 $24,833
Male $0 $0 $38,508
Country of birth
United States $0 $0 $35,876
Other countries $0 $0 $28,959
Marital status
Married $0 $0 $32,957
Divorced $0 $0 $35,605
Widowed $0 $0 $18,230
Never married $0 $0 $37,555
Current-law poverty status
Above poverty $0 $0 $34,737
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $72,818
Second highest $0 $0 $64,547
Middle $0 $0 $37,568
Second lowest $0 $0 $23,635
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $37,737
Widow(er) (includes dually entitled) $0 $0 $17,815
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $5,708
  White, non-Hispanic
Subtotal $0 $0 $51,010
Sex
Female $0 $0 $39,992
Male $0 $0 $66,728
Country of birth
United States $0 $0 $51,650
Other countries $0 $0 $44,585
Age
60–69 $0 $0 $53,807
70–79 $0 $0 $59,581
80–89 $0 $0 $14,461
90 or older $0 $0 $0
Marital status
Married $0 $0 $57,662
Divorced $0 $0 $49,846
Widowed $0 $0 $32,142
Never married $0 $0 $52,185
Highest education level
Graduate $0 $0 $96,661
Bachelor $0 $0 $72,894
Associate $0 $0 $45,576
High school $0 $0 $31,518
Less than high school $0 $0 $18,232
Current-law poverty status
Above poverty $0 $0 $53,032
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $121,244
Second highest $0 $0 $66,060
Middle $0 $0 $34,059
Second lowest $0 $0 $11,600
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $66,001
Widow(er) (includes dually entitled) $0 $0 $16,397
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $9,195
  Black or African American, non-Hispanic
Subtotal $0 $0 $36,761
Sex
Female $0 $0 $35,280
Male $0 $0 $39,501
Country of birth
United States $0 $0 $35,280
Other countries $0 $0 $49,387
Marital status
Married $0 $0 $39,722
Divorced $0 $0 $32,818
Widowed $0 $0 $23,936
Never married $0 $0 $38,967
Highest education level
Graduate $0 $0 $80,821
Bachelor $0 $0 $66,876
Associate $0 $0 $36,161
High school $0 $0 $32,297
Less than high school $0 $0 $1,919
Current-law poverty status
Above poverty $0 $0 $38,831
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $124,421
Second highest $0 $0 $61,542
Middle $0 $0 $38,989
Second lowest $0 $0 $16,449
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $41,708
Widow(er) (includes dually entitled) $0 $0 $23,936
Spousal (includes dually entitled) $0 $0 $10,974
Disabled worker only $0 $0 $7,342
  All other races, non-Hispanic
Subtotal $0 $0 $50,962
Sex
Female $0 $0 $36,043
Male $0 $0 $63,374
Country of birth
United States $0 $0 $37,312
Other countries $0 $0 $56,457
Marital status
Married $0 $0 $51,771
Divorced $0 $0 $52,740
Widowed $0 $0 $36,007
Never married $0 $0 $53,819
Highest education level
Graduate $0 $0 $107,276
Bachelor $0 $0 $78,404
Associate $0 $0 $32,499
High school $0 $0 $27,695
Less than high school $0 $0 $19,655
Current-law poverty status
Above poverty $0 $0 $53,389
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $121,616
Second highest $0 $0 $64,342
Middle $0 $0 $36,043
Second lowest $0 $0 $14,735
Lowest $0 $0 $0
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $0 $0 $63,941
Sex
Female $0 $0 $56,642
Male $0 $0 $74,896
Race and ethnicity
Hispanic or Latino, any race $0 $0 $41,921
White, non-Hispanic $0 $0 $70,828
Black or African American, non-Hispanic $0 $0 $48,306
All other races, non-Hispanic $0 $0 $106,276
Country of birth
United States $0 $0 $65,263
Other countries $0 $0 $60,311
Age
60–69 $0 $0 $62,029
70–79 $0 $0 $88,008
80–89 $0 $0 $38,069
90 or older $0 $0 $0
Marital status
Married $0 $0 $72,286
Divorced $0 $0 $64,543
Widowed $0 $0 $31,112
Never married $0 $0 $67,609
Highest education level
Graduate $0 $0 $133,276
Bachelor $0 $0 $101,297
Associate $0 $0 $50,851
High school $0 $0 $36,056
Less than high school $0 $0 $17,087
Current-law poverty status
Above poverty $0 $0 $67,441
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $162,806
Second highest $0 $0 $82,151
Middle $0 $0 $40,738
Second lowest $0 $0 $959
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $83,275
Widow(er) (includes dually entitled) $0 $0 $959
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $6,434
  Hispanic or Latino, any race
Subtotal $0 $0 $41,921
Sex
Female $0 $0 $34,101
Male $0 $0 $50,791
Country of birth
United States $0 $0 $52,812
Other countries $0 $0 $35,562
Age
60–69 $0 $0 $46,580
70–79 $0 $0 $53,595
80–89 $0 $0 $959
90 or older $0 $0 $0
Marital status
Married $0 $0 $42,027
Divorced $0 $0 $49,783
Widowed $0 $0 $7,528
Never married $0 $0 $53,899
Highest education level
Graduate $0 $0 $101,906
Bachelor $0 $0 $81,965
Associate $0 $0 $44,491
High school $0 $0 $37,984
Less than high school $0 $0 $21,037
Current-law poverty status
Above poverty $0 $0 $45,201
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $144,913
Second highest $0 $0 $80,509
Middle $0 $0 $44,862
Second lowest $0 $0 $3,762
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $54,230
Widow(er) (includes dually entitled) $0 $0 $0
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $2,964
  White, non-Hispanic
Subtotal $0 $0 $70,828
Sex
Female $0 $0 $61,407
Male $0 $0 $84,508
Country of birth
United States $0 $0 $70,477
Other countries $0 $0 $76,544
Age
60–69 $0 $0 $68,866
70–79 $0 $0 $98,110
80–89 $0 $0 $49,153
90 or older $0 $0 $0
Marital status
Married $0 $0 $79,181
Divorced $0 $0 $70,828
Widowed $0 $0 $37,467
Never married $0 $0 $82,741
Highest education level
Graduate $0 $0 $129,959
Bachelor $0 $0 $102,767
Associate $0 $0 $51,785
High school $0 $0 $37,349
Less than high school $0 $0 $16,258
Current-law poverty status
Above poverty $0 $0 $73,555
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $160,831
Second highest $0 $0 $80,526
Middle $0 $0 $38,208
Second lowest $0 $0 $959
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $90,157
Widow(er) (includes dually entitled) $0 $0 $2,565
Spousal (includes dually entitled) $0 $0 $959
Disabled worker only $0 $0 $9,114
  Black or African American, non-Hispanic
Subtotal $0 $0 $48,306
Sex
Female $0 $0 $52,547
Male $0 $0 $44,245
Country of birth
United States $0 $0 $50,552
Other countries $0 $0 $41,649
Age
60–69 $0 $0 $51,373
70–79 $0 $0 $68,584
80–89 $0 $0 $4,710
90 or older $0 $0 $0
Marital status
Married $0 $0 $54,249
Divorced $0 $0 $53,353
Widowed $0 $0 $8,230
Never married $0 $0 $52,331
Highest education level
Graduate $0 $0 $105,652
Bachelor $0 $0 $79,972
Associate $0 $0 $42,211
High school $0 $0 $29,597
Less than high school $0 $0 $17,087
Current-law poverty status
Above poverty $0 $0 $53,336
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $959 $158,972
Second highest $0 $0 $91,002
Middle $0 $0 $49,295
Second lowest $0 $0 $9,366
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $60,677
Widow(er) (includes dually entitled) $0 $0 $3,660
Spousal (includes dually entitled) $0 $0 $959
Disabled worker only $0 $0 $2,704
  All other races, non-Hispanic
Subtotal $0 $0 $106,276
Sex
Female $0 $0 $91,491
Male $0 $0 $127,146
Country of birth
United States $0 $0 $75,708
Other countries $0 $0 $120,385
Age
60–69 $0 $0 $121,664
70–79 $0 $0 $123,650
80–89 $0 $0 $50,971
90 or older $0 $0 $0
Marital status
Married $0 $0 $125,895
Divorced $0 $0 $71,030
Widowed $0 $0 $58,382
Never married $0 $0 $102,803
Highest education level
Graduate $0 $0 $176,068
Bachelor $0 $0 $120,764
Associate $0 $0 $56,589
High school $0 $0 $32,732
Less than high school $0 $0 $959
Current-law poverty status
Above poverty $0 $0 $109,210
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $1,426 $193,070
Second highest $0 $0 $82,554
Middle $0 $0 $37,522
Second lowest $0 $0 $4,971
Lowest $0 $0 $0
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $0 $0 $85,758
Sex
Female $0 $0 $81,187
Male $0 $0 $91,572
Race and ethnicity
Hispanic or Latino, any race $0 $0 $47,665
White, non-Hispanic $0 $0 $96,650
Black or African American, non-Hispanic $0 $0 $65,271
All other races, non-Hispanic $0 $0 $145,160
Country of birth
United States $0 $0 $88,903
Other countries $0 $0 $75,622
Age
60–69 $0 $0 $77,791
70–79 $0 $0 $112,299
80–89 $0 $0 $66,229
90 or older $0 $0 $0
Marital status
Married $0 $0 $94,781
Divorced $0 $0 $85,410
Widowed $0 $0 $46,505
Never married $0 $0 $94,338
Highest education level
Graduate $0 $0 $167,593
Bachelor $0 $0 $130,756
Associate $0 $0 $61,423
High school $0 $0 $42,918
Less than high school $0 $0 $19,681
Current-law poverty status
Above poverty $0 $0 $88,824
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $1,200 $210,296
Second highest $0 $0 $97,243
Middle $0 $0 $42,147
Second lowest $0 $0 $0
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $108,283
Widow(er) (includes dually entitled) $0 $0 $1,200
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $12,362
  Hispanic or Latino, any race
Subtotal $0 $0 $47,665
Sex
Female $0 $0 $36,889
Male $0 $0 $56,048
Country of birth
United States $0 $0 $55,059
Other countries $0 $0 $31,055
Age
60–69 $0 $0 $56,492
70–79 $0 $0 $53,167
80–89 $0 $0 $1,200
90 or older $0 $0 $0
Marital status
Married $0 $0 $48,589
Divorced $0 $0 $59,214
Widowed $0 $0 $1,200
Never married $0 $0 $51,272
Highest education level
Graduate $0 $0 $128,897
Bachelor $0 $0 $86,861
Associate $0 $0 $52,831
High school $0 $0 $37,241
Less than high school $0 $0 $22,731
Current-law poverty status
Above poverty $0 $0 $49,825
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $0 $175,892
Second highest $0 $0 $95,882
Middle $0 $0 $46,646
Second lowest $0 $0 $1,200
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $62,882
Widow(er) (includes dually entitled) $0 $0 $0
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $7,355
  White, non-Hispanic
Subtotal $0 $0 $96,650
Sex
Female $0 $0 $91,593
Male $0 $0 $101,577
Country of birth
United States $0 $0 $98,260
Other countries $0 $0 $83,025
Age
60–69 $0 $0 $88,824
70–79 $0 $0 $123,840
80–89 $0 $0 $73,868
90 or older $0 $0 $0
Marital status
Married $0 $0 $104,336
Divorced $0 $0 $92,187
Widowed $0 $0 $60,606
Never married $0 $0 $113,982
Highest education level
Graduate $0 $0 $166,091
Bachelor $0 $0 $133,725
Associate $0 $0 $65,275
High school $0 $0 $45,784
Less than high school $0 $0 $17,081
Current-law poverty status
Above poverty $0 $0 $98,658
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $14,857 $210,332
Second highest $0 $0 $95,460
Middle $0 $0 $38,036
Second lowest $0 $0 $0
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $118,096
Widow(er) (includes dually entitled) $0 $0 $1,334
Spousal (includes dually entitled) $0 $0 $1,200
Disabled worker only $0 $0 $11,318
  Black or African American, non-Hispanic
Subtotal $0 $0 $65,271
Sex
Female $0 $0 $67,186
Male $0 $0 $63,085
Country of birth
United States $0 $0 $66,272
Other countries $0 $0 $64,807
Age
60–69 $0 $0 $66,444
70–79 $0 $0 $88,538
80–89 $0 $0 $1,200
90 or older $0 $0 $0
Marital status
Married $0 $0 $71,943
Divorced $0 $0 $60,978
Widowed $0 $0 $33,483
Never married $0 $0 $66,371
Highest education level
Graduate $0 $0 $134,161
Bachelor $0 $0 $109,625
Associate $0 $0 $47,902
High school $0 $0 $36,507
Less than high school $0 $0 $16,832
Current-law poverty status
Above poverty $0 $0 $68,058
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $2,172 $211,761
Second highest $0 $0 $105,688
Middle $0 $0 $53,492
Second lowest $0 $0 $1,200
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $79,337
Widow(er) (includes dually entitled) $0 $0 $0
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $18,748
  All other races, non-Hispanic
Subtotal $0 $0 $145,160
Sex
Female $0 $0 $137,350
Male $0 $0 $164,376
Country of birth
United States $0 $0 $165,365
Other countries $0 $0 $138,210
Age
60–69 $0 $0 $140,187
70–79 $0 $0 $161,230
80–89 $0 $0 $151,567
90 or older $0 $0 $1,200
Marital status
Married $0 $0 $154,574
Divorced $0 $0 $124,886
Widowed $0 $0 $98,093
Never married $0 $0 $167,467
Highest education level
Graduate $0 $0 $202,492
Bachelor $0 $0 $156,637
Associate $0 $0 $74,157
High school $0 $0 $54,890
Less than high school $0 $0 $20,680
Current-law poverty status
Above poverty $0 $0 $149,783
In poverty $0 $0 $0
Current-law household income quintile
Highest $0 $46,913 $237,248
Second highest $0 $0 $101,102
Middle $0 $0 $44,091
Second lowest $0 $0 $1,200
Lowest $0 $0 $0
Current-law benefit type
Retired worker only $0 $0 $168,991
Widow(er) (includes dually entitled) $0 $0 $23,852
Spousal (includes dually entitled) $0 $0 $0
Disabled worker only $0 $0 $19,344
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic Household wealth (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $2,056 $241,130 $2,326,982
Sex
Female $1,524 $215,448 $2,191,882
Male $3,084 $277,730 $2,493,428
Race and ethnicity
Hispanic or Latino, any race $0 $57,807 $903,976
White, non-Hispanic $9,543 $336,991 $2,768,779
Black or African American, non-Hispanic $0 $44,708 $625,029
All other races, non-Hispanic $1,592 $211,423 $2,080,274
Country of birth
United States $3,006 $267,282 $2,445,274
Other countries $0 $107,377 $1,569,805
Age
60–69 $1,859 $208,555 $1,911,819
70–79 $3,000 $296,459 $2,810,300
80–89 $1,782 $228,533 $2,445,090
90 or older $1,055 $141,888 $1,645,563
Marital status
Married $15,252 $416,631 $3,116,218
Divorced $0 $103,811 $1,203,646
Widowed $0 $113,768 $1,385,867
Never married $0 $80,036 $1,319,100
Highest education level
Graduate $67,572 $929,373 $4,904,355
Bachelor $33,067 $626,531 $3,685,098
Associate $7,699 $266,138 $1,982,915
High school $14 $139,209 $1,310,985
Less than high school $0 $29,541 $520,706
Current-law poverty status
Above poverty $4,283 $273,121 $2,439,393
In poverty $0 $11,030 $179,764
Current-law household income quintile
Highest $261,357 $2,122,193 $7,327,216
Second highest $59,892 $681,055 $1,798,856
Middle $19,449 $285,866 $915,085
Second lowest $1,237 $102,944 $441,564
Lowest $0 $18,804 $138,520
Current-law benefit type
Retired worker only $5,109 $295,370 $2,545,834
Widow(er) (includes dually entitled) $0 $88,902 $1,147,206
Spousal (includes dually entitled) $4,225 $415,950 $3,436,534
Disabled worker only $0 $78,066 $804,510
  Hispanic or Latino, any race
Subtotal $0 $57,807 $903,976
Sex
Female $0 $48,568 $870,864
Male $0 $67,754 $907,159
Country of birth
United States $0 $79,070 $1,123,249
Other countries $0 $47,428 $649,043
Marital status
Married $0 $80,977 $1,095,824
Divorced $0 $42,104 $601,778
Widowed $0 $15,702 $460,255
Never married $0 $29,078 $543,465
Current-law poverty status
Above poverty $0 $68,048 $984,333
In poverty $0 $12,165 $169,710
Current-law household income quintile
Highest $747 $400,030 $3,801,692
Second highest $0 $245,334 $1,378,360
Middle $2,083 $129,096 $724,951
Second lowest $0 $61,139 $392,776
Lowest $0 $10,971 $102,117
Current-law benefit type
Retired worker only $0 $65,689 $955,968
Widow(er) (includes dually entitled) $0 $18,387 $460,255
Spousal (includes dually entitled) $0 $60,883 $1,025,493
Disabled worker only $0 $63,119 $557,321
  White, non-Hispanic
Subtotal $9,543 $336,991 $2,768,779
Sex
Female $6,411 $297,654 $2,586,690
Male $14,202 $385,536 $2,979,739
Country of birth
United States $10,489 $345,067 $2,785,878
Other countries $351 $219,874 $2,472,098
Age
60–69 $6,295 $294,924 $2,387,908
70–79 $12,410 $419,149 $3,193,977
80–89 $9,677 $302,552 $2,745,325
90 or older $5,980 $187,107 $1,806,802
Marital status
Married $34,673 $555,965 $3,529,626
Divorced $192 $130,528 $1,357,007
Widowed $1,729 $166,888 $1,618,470
Never married $208 $140,087 $1,824,706
Highest education level
Graduate $90,949 $1,032,305 $5,226,132
Bachelor $51,357 $754,155 $4,053,142
Associate $14,204 $321,698 $2,223,838
High school $2,184 $188,638 $1,529,608
Less than high school $0 $43,884 $820,823
Current-law poverty status
Above poverty $13,319 $368,080 $2,869,687
In poverty $0 $16,276 $212,813
Current-law household income quintile
Highest $453,464 $2,346,825 $7,607,003
Second highest $105,311 $754,407 $1,866,131
Middle $38,714 $321,732 $953,857
Second lowest $3,084 $118,801 $466,440
Lowest $0 $23,729 $157,312
Current-law benefit type
Retired worker only $17,796 $420,203 $3,019,650
Widow(er) (includes dually entitled) $13 $126,368 $1,273,479
Spousal (includes dually entitled) $17,098 $568,864 $3,845,616
Disabled worker only $0 $111,451 $1,016,116
  Black or African American, non-Hispanic
Subtotal $0 $44,708 $625,029
Sex
Female $0 $40,534 $530,968
Male $0 $51,827 $709,429
Country of birth
United States $0 $42,087 $554,219
Other countries $11 $62,288 $959,184
Marital status
Married $0 $106,510 $880,613
Divorced $0 $29,510 $391,774
Widowed $0 $19,599 $285,359
Never married $0 $10,707 $302,531
Highest education level
Graduate $1,998 $286,007 $1,635,304
Bachelor $674 $143,696 $1,365,523
Associate $0 $72,935 $643,539
High school $0 $28,672 $361,229
Less than high school $0 $9,030 $127,328
Current-law poverty status
Above poverty $0 $59,969 $696,544
In poverty $0 $1,332 $46,034
Current-law household income quintile
Highest $0 $508,020 $3,146,366
Second highest $4,512 $207,919 $1,038,418
Middle $0 $115,763 $639,051
Second lowest $0 $40,534 $285,359
Lowest $0 $6,163 $78,989
Current-law benefit type
Retired worker only $0 $62,455 $720,051
Widow(er) (includes dually entitled) $0 $16,657 $347,416
Spousal (includes dually entitled) $0 $55,966 $672,550
Disabled worker only $0 $25,836 $362,889
  All other races, non-Hispanic
Subtotal $1,592 $211,423 $2,080,274
Sex
Female $545 $195,511 $1,950,557
Male $2,282 $242,580 $2,227,512
Country of birth
United States $340 $187,709 $1,951,672
Other countries $2,000 $231,112 $2,227,512
Highest education level
Graduate $52,958 $925,121 $5,109,751
Bachelor $19,626 $441,564 $3,654,174
Associate $7,114 $203,938 $1,655,091
High school $0 $103,745 $881,606
Less than high school $0 $36,967 $464,127
Current-law poverty status
Above poverty $2,789 $244,307 $2,203,746
In poverty $0 $24,115 $184,873
Current-law household income quintile
Highest $140,668 $1,804,223 $7,259,651
Second highest $36,285 $693,213 $1,926,836
Middle $18,560 $335,467 $845,824
Second lowest $340 $115,231 $478,890
Lowest $0 $26,350 $179,066
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $2,891 $265,491 $2,330,740
Sex
Female $2,074 $242,867 $2,244,687
Male $5,451 $295,126 $2,450,150
Race and ethnicity
Hispanic or Latino, any race $0 $79,033 $935,304
White, non-Hispanic $13,988 $373,644 $2,795,713
Black or African American, non-Hispanic $0 $69,686 $679,710
All other races, non-Hispanic $1,735 $233,818 $2,241,110
Country of birth
United States $6,274 $300,696 $2,471,392
Other countries $3 $118,462 $1,529,322
Age
60–69 $2,284 $218,175 $1,750,041
70–79 $2,996 $295,573 $2,540,985
80–89 $5,174 $313,598 $2,955,218
90 or older $4,364 $201,053 $2,495,991
Marital status
Married $18,372 $431,442 $3,141,555
Divorced $226 $134,407 $1,246,817
Widowed $994 $144,641 $1,435,882
Never married $0 $102,135 $1,339,687
Highest education level
Graduate $89,034 $964,978 $5,374,814
Bachelor $48,587 $664,990 $3,671,641
Associate $9,867 $277,207 $1,953,429
High school $1,015 $151,782 $1,266,007
Less than high school $0 $38,024 $502,889
Current-law poverty status
Above poverty $7,545 $294,995 $2,431,254
In poverty $0 $14,877 $187,820
Current-law household income quintile
Highest $267,714 $2,124,625 $7,325,405
Second highest $79,170 $700,017 $1,845,717
Middle $23,826 $314,039 $933,582
Second lowest $3,110 $125,291 $444,865
Lowest $0 $22,725 $156,923
Current-law benefit type
Retired worker only $8,642 $316,292 $2,515,659
Widow(er) (includes dually entitled) $17 $114,385 $1,231,663
Spousal (includes dually entitled) $3,155 $422,359 $3,572,539
Disabled worker only $475 $105,137 $940,821
  Hispanic or Latino, any race
Subtotal $0 $79,033 $935,304
Sex
Female $0 $66,463 $941,000
Male $0 $93,137 $928,207
Country of birth
United States $152 $117,461 $1,235,846
Other countries $0 $59,032 $598,302
Marital status
Married $1,328 $106,407 $1,060,562
Divorced $0 $68,221 $712,674
Widowed $0 $38,878 $563,124
Never married $0 $20,555 $471,958
Current-law poverty status
Above poverty $0 $89,268 $989,149
In poverty $0 $17,434 $191,969
Current-law household income quintile
Highest $17,564 $645,479 $3,786,490
Second highest $3,122 $290,249 $1,338,178
Middle $1,735 $192,272 $874,828
Second lowest $241 $67,896 $404,794
Lowest $0 $17,434 $142,128
Current-law benefit type
Retired worker only $0 $92,554 $978,393
Widow(er) (includes dually entitled) $0 $37,010 $578,726
Spousal (includes dually entitled) $0 $74,246 $1,112,796
Disabled worker only $0 $57,796 $639,377
  White, non-Hispanic
Subtotal $13,988 $373,644 $2,795,713
Sex
Female $10,414 $341,173 $2,652,801
Male $19,383 $416,849 $2,955,218
Country of birth
United States $15,406 $384,314 $2,824,207
Other countries $1,739 $226,467 $2,459,772
Age
60–69 $11,826 $308,980 $2,138,546
70–79 $15,925 $424,202 $3,057,665
80–89 $14,613 $417,981 $3,309,647
90 or older $10,603 $248,114 $2,733,059
Marital status
Married $44,912 $594,313 $3,653,435
Divorced $1,902 $169,326 $1,409,609
Widowed $3,703 $208,084 $1,722,038
Never married $683 $186,347 $1,803,350
Highest education level
Graduate $108,924 $1,065,692 $5,669,485
Bachelor $68,647 $803,255 $3,998,425
Associate $18,091 $336,452 $2,142,615
High school $3,630 $208,330 $1,503,336
Less than high school $0 $46,726 $745,842
Current-law poverty status
Above poverty $18,886 $406,878 $2,892,941
In poverty $0 $20,233 $199,518
Current-law household income quintile
Highest $481,229 $2,379,727 $7,750,140
Second highest $140,015 $803,796 $1,911,953
Middle $50,931 $359,545 $962,344
Second lowest $9,228 $144,890 $471,035
Lowest $0 $29,379 $168,865
Current-law benefit type
Retired worker only $21,724 $437,718 $2,992,298
Widow(er) (includes dually entitled) $1,739 $155,203 $1,436,960
Spousal (includes dually entitled) $24,543 $624,786 $4,134,174
Disabled worker only $1,902 $166,427 $1,261,837
  Black or African American, non-Hispanic
Subtotal $0 $69,686 $679,710
Sex
Female $0 $62,910 $631,634
Male $0 $80,838 $718,435
Country of birth
United States $0 $68,404 $649,030
Other countries $0 $84,124 $1,048,796
Marital status
Married $728 $133,675 $916,433
Divorced $0 $49,759 $453,310
Widowed $0 $38,014 $393,049
Never married $0 $20,103 $413,549
Highest education level
Graduate $8,995 $345,960 $1,845,335
Bachelor $3,200 $166,087 $1,131,276
Associate $0 $102,021 $639,300
High school $0 $36,907 $400,719
Less than high school $0 $8,447 $168,136
Current-law poverty status
Above poverty $0 $81,716 $710,265
In poverty $0 $1,861 $88,904
Current-law household income quintile
Highest $9,194 $465,602 $2,409,231
Second highest $6,469 $285,621 $1,126,404
Middle $0 $139,743 $639,300
Second lowest $136 $67,547 $297,077
Lowest $0 $7,744 $120,682
Current-law benefit type
Retired worker only $0 $89,543 $770,810
Widow(er) (includes dually entitled) $0 $26,440 $386,374
Spousal (includes dually entitled) $0 $69,647 $674,208
Disabled worker only $0 $55,098 $281,183
  All other races, non-Hispanic
Subtotal $1,735 $233,818 $2,241,110
Sex
Female $1,735 $214,145 $2,241,110
Male $1,801 $251,077 $2,345,716
Country of birth
United States $657 $182,271 $2,007,778
Other countries $1,902 $264,764 $2,616,179
Marital status
Married $9,071 $355,704 $3,110,488
Divorced $0 $125,013 $1,110,102
Widowed $188 $121,534 $1,343,008
Never married $0 $106,545 $1,383,347
Highest education level
Graduate $55,480 $1,215,363 $6,591,770
Bachelor $30,130 $521,120 $3,208,584
Associate $2,937 $186,773 $1,614,166
High school $3 $107,639 $896,280
Less than high school $0 $38,942 $416,781
Current-law poverty status
Above poverty $2,748 $264,704 $2,375,419
In poverty $0 $23,516 $227,489
Current-law household income quintile
Highest $209,846 $1,870,233 $7,180,892
Second highest $61,009 $726,529 $1,997,548
Middle $10,572 $255,751 $872,970
Second lowest $7,898 $146,623 $439,753
Lowest $0 $24,983 $172,683
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $9,066 $303,420 $2,324,400
Sex
Female $5,781 $275,021 $2,199,127
Male $12,493 $337,774 $2,473,117
Race and ethnicity
Hispanic or Latino, any race $910 $120,432 $999,486
White, non-Hispanic $25,181 $442,646 $2,723,297
Black or African American, non-Hispanic $199 $109,751 $939,615
All other races, non-Hispanic $10,823 $432,696 $3,906,209
Country of birth
United States $14,547 $354,906 $2,425,955
Other countries $841 $164,259 $1,937,919
Age
60–69 $4,350 $264,436 $2,186,399
70–79 $8,163 $297,392 $2,268,991
80–89 $12,119 $323,998 $2,357,793
90 or older $17,961 $412,424 $2,822,110
Marital status
Married $28,731 $471,676 $3,024,349
Divorced $1,240 $185,364 $1,552,402
Widowed $4,991 $201,082 $1,635,086
Never married $866 $156,096 $1,481,121
Highest education level
Graduate $115,843 $1,064,772 $5,377,964
Bachelor $65,638 $742,618 $3,653,232
Associate $14,513 $268,453 $1,511,418
High school $1,277 $155,768 $1,034,857
Less than high school $0 $56,007 $492,041
Current-law poverty status
Above poverty $14,147 $335,433 $2,413,522
In poverty $0 $14,363 $153,550
Current-law household income quintile
Highest $251,752 $2,033,344 $6,666,526
Second highest $91,903 $798,580 $1,952,390
Middle $49,038 $386,033 $958,779
Second lowest $12,313 $156,086 $454,602
Lowest $0 $29,589 $161,157
Current-law benefit type
Retired worker only $14,615 $356,128 $2,501,934
Widow(er) (includes dually entitled) $1,095 $155,580 $1,416,917
Spousal (includes dually entitled) $1,142 $319,569 $2,689,099
Disabled worker only $1,619 $157,376 $1,277,355
  Hispanic or Latino, any race
Subtotal $910 $120,432 $999,486
Sex
Female $97 $110,549 $930,719
Male $1,305 $132,435 $1,025,426
Country of birth
United States $1,812 $177,424 $1,229,926
Other countries $0 $86,913 $746,544
Age
60–69 $97 $122,761 $1,046,732
70–79 $1,121 $123,584 $1,017,945
80–89 $921 $109,318 $848,011
90 or older $126 $101,044 $1,068,078
Marital status
Married $1,971 $165,285 $1,229,063
Divorced $0 $90,045 $781,880
Widowed $32 $60,306 $554,915
Never married $0 $73,794 $746,422
Highest education level
Graduate $31,475 $497,532 $2,715,827
Bachelor $11,472 $316,152 $2,188,744
Associate $6,037 $214,298 $1,290,400
High school $1,061 $108,804 $741,665
Less than high school $0 $58,329 $481,887
Current-law poverty status
Above poverty $1,118 $134,854 $1,047,993
In poverty $0 $15,861 $144,617
Current-law household income quintile
Highest $13,336 $746,422 $3,644,262
Second highest $13,232 $386,407 $1,499,439
Middle $8,422 $253,744 $767,198
Second lowest $2,006 $121,442 $391,540
Lowest $0 $28,442 $150,610
Current-law benefit type
Retired worker only $1,305 $137,322 $1,101,261
Widow(er) (includes dually entitled) $0 $54,345 $558,075
Spousal (includes dually entitled) $0 $106,767 $905,802
Disabled worker only $0 $98,336 $765,440
  White, non-Hispanic
Subtotal $25,181 $442,646 $2,723,297
Sex
Female $20,344 $400,441 $2,579,426
Male $32,572 $494,910 $2,944,202
Country of birth
United States $28,154 $457,605 $2,745,375
Other countries $1,619 $282,930 $2,485,964
Age
60–69 $20,322 $393,087 $2,648,059
70–79 $25,035 $457,605 $2,666,885
80–89 $27,846 $446,045 $2,673,611
90 or older $34,016 $520,936 $3,266,861
Marital status
Married $64,405 $642,756 $3,486,300
Divorced $8,538 $247,374 $1,858,508
Widowed $17,030 $293,254 $1,975,650
Never married $6,517 $296,438 $2,080,411
Highest education level
Graduate $159,757 $1,194,752 $5,622,692
Bachelor $103,483 $875,807 $3,867,865
Associate $26,378 $339,469 $1,695,060
High school $7,959 $215,862 $1,215,118
Less than high school $0 $63,652 $555,108
Current-law poverty status
Above poverty $33,697 $471,911 $2,795,331
In poverty $0 $19,047 $188,040
Current-law household income quintile
Highest $489,658 $2,267,734 $6,995,134
Second highest $184,681 $910,967 $2,038,154
Middle $86,910 $433,443 $994,621
Second lowest $24,717 $181,759 $482,339
Lowest $0 $36,700 $176,814
Current-law benefit type
Retired worker only $37,988 $505,805 $2,929,617
Widow(er) (includes dually entitled) $5,827 $214,041 $1,698,340
Spousal (includes dually entitled) $8,836 $551,339 $3,246,902
Disabled worker only $8,362 $260,518 $1,805,416
  Black or African American, non-Hispanic
Subtotal $199 $109,751 $939,615
Sex
Female $51 $94,818 $777,982
Male $459 $136,985 $1,131,612
Country of birth
United States $353 $108,588 $931,726
Other countries $0 $119,532 $989,737
Age
60–69 $0 $100,374 $1,003,071
70–79 $492 $115,931 $1,057,120
80–89 $1,033 $116,908 $711,388
90 or older $2,437 $111,549 $909,442
Marital status
Married $3,496 $233,338 $1,385,557
Divorced $0 $76,485 $665,102
Widowed $109 $72,363 $756,521
Never married $0 $65,064 $585,272
Highest education level
Graduate $42,343 $537,917 $2,791,586
Bachelor $23,393 $302,782 $1,392,304
Associate $831 $105,427 $619,721
High school $0 $56,273 $485,395
Less than high school $0 $24,685 $305,486
Current-law poverty status
Above poverty $1,080 $134,020 $998,716
In poverty $0 $1,658 $77,251
Current-law household income quintile
Highest $10,953 $839,754 $3,399,621
Second highest $12,337 $416,900 $1,427,314
Middle $20,279 $263,224 $769,222
Second lowest $2,864 $115,244 $356,061
Lowest $0 $17,260 $128,768
Current-law benefit type
Retired worker only $688 $133,923 $1,030,536
Widow(er) (includes dually entitled) $16 $51,732 $599,326
Spousal (includes dually entitled) $0 $112,932 $740,667
Disabled worker only $0 $60,183 $602,850
  All other races, non-Hispanic
Subtotal $10,823 $432,696 $3,906,209
Sex
Female $5,580 $350,467 $3,590,357
Male $19,886 $534,190 $4,013,665
Country of birth
United States $16,078 $378,731 $3,091,996
Other countries $6,654 $464,275 $4,055,435
Age
60–69 $18,410 $455,858 $4,288,334
70–79 $7,565 $441,458 $3,875,414
80–89 $9,329 $402,304 $3,572,721
90 or older $15,463 $394,963 $3,175,867
Marital status
Married $25,338 $734,111 $5,258,582
Divorced $582 $205,528 $2,150,004
Widowed $5,818 $250,884 $2,328,982
Never married $2,942 $260,140 $2,647,301
Highest education level
Graduate $64,967 $1,346,944 $7,619,597
Bachelor $25,744 $775,887 $4,114,789
Associate $9,329 $232,180 $1,310,881
High school $1,165 $166,544 $1,227,479
Less than high school $0 $54,613 $288,793
Current-law poverty status
Above poverty $19,163 $482,500 $4,008,913
In poverty $0 $18,103 $157,376
Current-law household income quintile
Highest $365,630 $2,492,647 $9,469,075
Second highest $93,613 $941,578 $2,021,443
Middle $50,066 $410,266 $1,088,354
Second lowest $6,895 $171,988 $490,586
Lowest $0 $31,177 $178,718
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $) at the—
10th percentile Median 90th percentile
  All beneficiaries
Total $10,146 $360,631 $2,756,316
Sex
Female $7,032 $324,572 $2,541,823
Male $14,619 $402,504 $2,963,621
Race and ethnicity
Hispanic or Latino, any race $666 $157,037 $1,231,650
White, non-Hispanic $30,761 $532,644 $3,326,631
Black or African American, non-Hispanic $0 $137,102 $1,212,126
All other races, non-Hispanic $16,718 $546,117 $5,284,563
Country of birth
United States $16,214 $409,002 $2,840,066
Other countries $49 $201,835 $2,368,611
Age
60–69 $7,270 $306,467 $2,544,564
70–79 $9,030 $359,417 $2,788,285
80–89 $13,438 $399,703 $2,949,616
90 or older $16,466 $440,749 $2,763,499
Marital status
Married $35,432 $558,740 $3,529,650
Divorced $937 $249,018 $2,060,275
Widowed $8,731 $245,762 $1,747,107
Never married $742 $206,084 $2,270,576
Highest education level
Graduate $108,053 $1,093,162 $5,663,700
Bachelor $65,225 $817,140 $4,522,894
Associate $13,654 $311,362 $1,635,076
High school $1,011 $189,993 $1,273,406
Less than high school $0 $72,967 $612,331
Current-law poverty status
Above poverty $14,431 $385,555 $2,829,276
In poverty $0 $14,278 $192,614
Current-law household income quintile
Highest $206,771 $2,284,243 $8,342,124
Second highest $78,797 $888,752 $2,403,578
Middle $50,019 $472,189 $1,199,391
Second lowest $16,770 $197,449 $571,479
Lowest $0 $38,071 $203,715
Current-law benefit type
Retired worker only $17,108 $418,541 $3,030,889
Widow(er) (includes dually entitled) $716 $178,808 $1,520,611
Spousal (includes dually entitled) $0 $359,037 $3,005,717
Disabled worker only $1,434 $168,405 $1,307,065
  Hispanic or Latino, any race
Subtotal $666 $157,037 $1,231,650
Sex
Female $219 $142,785 $1,198,827
Male $921 $171,404 $1,298,694
Country of birth
United States $1,999 $206,522 $1,461,904
Other countries $0 $103,202 $851,779
Age
60–69 $746 $158,255 $1,262,211
70–79 $591 $163,548 $1,277,889
80–89 $492 $147,019 $1,230,614
90 or older $904 $135,972 $914,295
Marital status
Married $9,427 $239,054 $1,530,265
Divorced $0 $115,882 $967,026
Widowed $168 $84,450 $602,503
Never married $0 $91,900 $956,922
Highest education level
Graduate $40,832 $559,728 $3,130,974
Bachelor $19,023 $384,029 $2,595,005
Associate $4,898 $210,354 $1,295,880
High school $721 $148,984 $1,063,270
Less than high school $0 $71,540 $568,550
Current-law poverty status
Above poverty $829 $170,831 $1,282,187
In poverty $0 $12,656 $165,422
Current-law household income quintile
Highest $9,032 $769,762 $4,236,360
Second highest $20,346 $454,657 $1,906,601
Middle $19,046 $334,876 $1,045,948
Second lowest $5,690 $151,683 $484,307
Lowest $0 $30,508 $191,437
Current-law benefit type
Retired worker only $1,353 $181,770 $1,343,163
Widow(er) (includes dually entitled) $0 $75,471 $565,484
Spousal (includes dually entitled) $0 $168,261 $1,354,572
Disabled worker only $294 $126,223 $931,371
  White, non-Hispanic
Subtotal $30,761 $532,644 $3,326,631
Sex
Female $23,415 $483,612 $3,076,240
Male $42,146 $590,536 $3,556,959
Country of birth
United States $35,072 $547,738 $3,333,031
Other countries $1,304 $368,940 $3,149,096
Age
60–69 $26,933 $487,056 $3,248,065
70–79 $28,969 $548,575 $3,352,208
80–89 $35,784 $545,419 $3,423,337
90 or older $40,067 $564,843 $3,197,310
Marital status
Married $79,212 $768,261 $4,085,065
Divorced $11,808 $352,266 $2,548,677
Widowed $26,787 $378,924 $2,121,664
Never married $12,643 $382,945 $2,894,565
Highest education level
Graduate $169,057 $1,286,937 $5,810,028
Bachelor $121,229 $948,993 $4,771,577
Associate $28,795 $393,509 $1,905,970
High school $10,184 $252,779 $1,421,019
Less than high school $66 $103,547 $786,145
Current-law poverty status
Above poverty $37,879 $555,361 $3,389,112
In poverty $0 $17,295 $228,651
Current-law household income quintile
Highest $559,792 $2,686,199 $8,685,813
Second highest $191,946 $1,050,383 $2,512,124
Middle $108,300 $543,839 $1,265,191
Second lowest $30,436 $231,001 $599,517
Lowest $0 $50,790 $224,078
Current-law benefit type
Retired worker only $44,157 $604,368 $3,556,914
Widow(er) (includes dually entitled) $7,323 $268,675 $1,894,391
Spousal (includes dually entitled) $9,896 $589,970 $3,972,075
Disabled worker only $11,454 $279,038 $1,597,438
  Black or African American, non-Hispanic
Subtotal $0 $137,102 $1,212,126
Sex
Female $0 $127,674 $1,110,612
Male $0 $153,481 $1,385,951
Country of birth
United States $98 $138,975 $1,248,427
Other countries $0 $121,130 $1,037,720
Age
60–69 $0 $110,202 $1,126,475
70–79 $0 $122,791 $1,262,277
80–89 $539 $171,142 $1,330,492
90 or older $11,606 $224,065 $1,042,773
Marital status
Married $7,044 $289,240 $1,699,475
Divorced $0 $111,823 $1,048,823
Widowed $666 $145,853 $1,082,938
Never married $0 $82,896 $907,995
Highest education level
Graduate $38,482 $529,758 $2,763,499
Bachelor $11,263 $403,576 $1,846,349
Associate $0 $114,340 $810,293
High school $0 $73,515 $657,388
Less than high school $0 $23,367 $330,191
Current-law poverty status
Above poverty $99 $153,367 $1,258,476
In poverty $0 $3,026 $122,379
Current-law household income quintile
Highest $15,846 $765,651 $4,394,435
Second highest $3,176 $519,521 $1,853,842
Middle $11,154 $318,457 $1,116,593
Second lowest $3,177 $147,941 $512,395
Lowest $0 $24,174 $157,651
Current-law benefit type
Retired worker only $66 $154,279 $1,273,191
Widow(er) (includes dually entitled) $550 $91,868 $879,972
Spousal (includes dually entitled) $0 $104,247 $1,148,507
Disabled worker only $0 $69,835 $649,138
  All other races, non-Hispanic
Subtotal $16,718 $546,117 $5,284,563
Sex
Female $9,501 $436,135 $5,229,514
Male $27,761 $709,002 $5,560,225
Country of birth
United States $24,822 $653,048 $6,406,544
Other countries $11,100 $512,578 $4,921,348
Age
60–69 $23,535 $475,108 $4,712,623
70–79 $14,080 $523,691 $5,917,781
80–89 $15,431 $653,048 $6,120,674
90 or older $10,032 $623,555 $4,010,255
Marital status
Married $35,943 $858,880 $6,482,850
Divorced $0 $249,565 $2,889,763
Widowed $883 $258,531 $2,769,380
Never married $23,211 $466,193 $5,678,130
Highest education level
Graduate $64,748 $1,201,249 $9,105,732
Bachelor $27,483 $923,305 $5,965,698
Associate $11,069 $295,855 $1,634,601
High school $835 $266,804 $2,338,919
Less than high school $0 $59,622 $517,718
Current-law poverty status
Above poverty $22,443 $612,275 $5,525,014
In poverty $0 $29,093 $218,695
Current-law household income quintile
Highest $397,328 $2,993,491 $12,160,525
Second highest $80,653 $1,015,201 $2,781,023
Middle $43,787 $480,852 $1,226,570
Second lowest $17,223 $206,849 $649,613
Lowest $0 $44,966 $241,055
Current-law benefit type
Retired worker only $28,040 $689,329 $5,965,698
Widow(er) (includes dually entitled) $0 $162,258 $1,925,643
Spousal (includes dually entitled) $0 $407,717 $3,944,737
Disabled worker only $23,175 $263,948 $1,783,368
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic In fair or poor health Median expenses (2024 $)
Percentage Number
(in thousands)
Insurance premium Out of pocket
  All beneficiaries
Total 27% 16,777 $3,459 $1,587
Sex
Female 27% 9,032 $3,333 $1,573
Male 27% 7,745 $3,510 $1,613
Race and ethnicity
Hispanic or Latino, any race 36% 2,011 $3,155 $886
White, non-Hispanic 24% 11,447 $3,589 $1,829
Black or African American, non-Hispanic 39% 2,351 $3,155 $821
All other races, non-Hispanic 30% 968 $3,510 $1,668
Country of birth
United States 26% 14,172 $3,510 $1,637
Other countries 32% 2,605 $3,247 $1,256
Age
60–69 27% 6,461 $3,155 $1,341
70–79 24% 6,164 $3,684 $1,685
80–89 31% 3,391 $3,705 $1,857
90 or older 40% 761 $3,315 $2,213
Marital status
Married 25% 8,967 $4,273 $2,061
Divorced 27% 2,946 $3,155 $1,003
Widowed 31% 3,572 $3,155 $1,174
Never married 32% 1,293 $3,155 $881
Highest education level
Graduate 17% 1,320 $3,684 $2,277
Bachelor 18% 2,040 $3,589 $2,076
Associate 24% 3,346 $3,435 $1,521
High school 30% 7,433 $3,333 $1,451
Less than high school 48% 2,639 $3,155 $890
Current-law poverty status
Above poverty 26% 15,541 $3,510 $1,650
In poverty 39% 1,236 $3,155 $634
Current-law household income quintile
Highest 16% 2,001 $4,094 $2,573
Second highest 24% 3,028 $3,705 $1,878
Middle 27% 3,422 $3,589 $1,609
Second lowest 30% 3,829 $3,333 $1,366
Lowest 36% 4,497 $3,155 $913
Current-law benefit type
Retired worker only 24% 10,639 $3,589 $1,654
Widow(er) (includes dually entitled) 30% 3,231 $3,155 $1,168
Spousal (includes dually entitled) 26% 1,567 $4,857 $2,057
Disabled worker only 53% 1,340 $3,155 $1,224
  Hispanic or Latino, any race
Subtotal 36% 2,011 $3,155 $886
Sex
Female 34% 992 $3,155 $901
Male 39% 1,019 $3,155 $874
Country of birth
United States 31% 820 $3,155 $874
Other countries 40% 1,190 $3,155 $907
Marital status
Married 35% 1,217 $3,880 $1,004
Divorced 34% 277 $3,155 $749
Widowed 38% 381 $3,155 $636
Never married 38% 136 $3,141 $727
Current-law poverty status
Above poverty 35% 1,747 $3,181 $919
In poverty 45% 264 $2,428 $562
Current-law household income quintile
Highest 25% 169 $3,589 $1,178
Second highest 31% 271 $3,247 $977
Middle 37% 343 $3,510 $862
Second lowest 37% 472 $3,155 $965
Lowest 41% 755 $3,155 $694
Current-law benefit type
Retired worker only 34% 1,316 $3,155 $914
Widow(er) (includes dually entitled) 35% 293 $3,155 $573
Spousal (includes dually entitled) 35% 215 $4,495 $1,005
Disabled worker only 64% 187 $3,155 $889
  White, non-Hispanic
Subtotal 24% 11,447 $3,589 $1,829
Sex
Female 24% 6,113 $3,510 $1,797
Male 24% 5,334 $3,589 $1,869
Country of birth
United States 24% 10,722 $3,589 $1,832
Other countries 27% 725 $3,510 $1,778
Age
60–69 23% 3,960 $3,190 $1,586
70–79 21% 4,275 $3,705 $1,927
80–89 29% 2,570 $3,880 $2,071
90 or older 39% 642 $3,333 $2,340
Marital status
Married 22% 6,195 $4,385 $2,377
Divorced 24% 1,991 $3,155 $1,137
Widowed 28% 2,535 $3,155 $1,313
Never married 27% 726 $3,155 $1,126
Highest education level
Graduate 16% 1,065 $3,705 $2,460
Bachelor 17% 1,553 $3,684 $2,220
Associate 22% 2,467 $3,510 $1,695
High school 28% 5,169 $3,510 $1,660
Less than high school 46% 1,193 $3,155 $1,143
Current-law poverty status
Above poverty 23% 10,822 $3,589 $1,879
In poverty 35% 625 $3,155 $763
Current-law household income quintile
Highest 14% 1,508 $4,094 $2,787
Second highest 23% 2,321 $3,880 $2,115
Middle 25% 2,491 $3,589 $1,777
Second lowest 28% 2,520 $3,510 $1,522
Lowest 33% 2,608 $3,155 $1,046
Current-law benefit type
Retired worker only 22% 7,179 $3,684 $1,912
Widow(er) (includes dually entitled) 28% 2,361 $3,155 $1,318
Spousal (includes dually entitled) 24% 1,127 $4,857 $2,410
Disabled worker only 50% 779 $3,155 $1,499
  Black or African American, non-Hispanic
Subtotal 39% 2,351 $3,155 $821
Sex
Female 41% 1,375 $3,155 $818
Male 36% 976 $3,155 $832
Country of birth
United States 39% 2,088 $3,155 $847
Other countries 34% 263 $3,155 $716
Marital status
Married 37% 989 $4,034 $1,164
Divorced 36% 513 $3,155 $608
Widowed 43% 481 $3,155 $800
Never married 43% 368 $3,155 $513
Highest education level
Graduate 28% 143 $3,247 $1,229
Bachelor 30% 222 $3,155 $1,048
Associate 37% 496 $3,155 $797
High school 39% 1,096 $3,155 $805
Less than high school 57% 395 $3,155 $692
Current-law poverty status
Above poverty 38% 2,081 $3,155 $871
In poverty 45% 270 $2,428 $382
Current-law household income quintile
Highest 31% 183 $3,589 $1,350
Second highest 33% 297 $3,247 $939
Middle 38% 422 $3,247 $951
Second lowest 39% 575 $3,155 $821
Lowest 44% 873 $3,155 $567
Current-law benefit type
Retired worker only 36% 1,494 $3,155 $865
Widow(er) (includes dually entitled) 41% 427 $3,155 $737
Spousal (includes dually entitled) 37% 110 $5,262 $777
Disabled worker only 59% 320 $3,155 $804
  All other races, non-Hispanic
Subtotal 30% 968 $3,510 $1,668
Sex
Female 31% 552 $3,510 $1,720
Male 29% 417 $3,589 $1,586
Country of birth
United States 35% 542 $3,333 $1,625
Other countries 25% 426 $3,684 $1,688
Highest education level
Graduate 18% 75 $3,705 $2,372
Bachelor 20% 159 $3,684 $2,030
Associate 33% 195 $3,440 $1,588
High school 34% 400 $3,510 $1,413
Less than high school 49% 140 $3,155 $945
Current-law poverty status
Above poverty 29% 892 $3,589 $1,769
In poverty 35% 77 $3,155 $604
Current-law household income quintile
Highest 21% 140 $4,094 $2,436
Second highest 25% 139 $3,719 $1,547
Middle 30% 165 $3,684 $1,929
Second lowest 35% 262 $3,589 $1,451
Lowest 35% 262 $3,155 $1,222
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $)
Percentage Number
(in thousands)
Insurance premium Out of pocket
  All beneficiaries
Total 28% 19,519 $3,898 $1,776
Sex
Female 27% 10,342 $3,877 $1,770
Male 28% 9,177 $4,053 $1,787
Race and ethnicity
Hispanic or Latino, any race 37% 2,969 $3,685 $1,043
White, non-Hispanic 24% 12,471 $4,106 $2,082
Black or African American, non-Hispanic 41% 2,865 $3,685 $941
All other races, non-Hispanic 30% 1,213 $4,106 $1,853
Country of birth
United States 26% 15,725 $3,898 $1,867
Other countries 34% 3,794 $3,798 $1,342
Age
60–69 27% 6,114 $3,685 $1,454
70–79 25% 7,631 $4,198 $1,802
80–89 32% 4,758 $4,308 $2,258
90 or older 39% 1,016 $3,877 $2,372
Marital status
Married 26% 10,386 $5,010 $2,303
Divorced 28% 3,581 $3,685 $1,170
Widowed 31% 3,998 $3,685 $1,347
Never married 30% 1,553 $3,685 $960
Highest education level
Graduate 19% 1,603 $4,198 $2,613
Bachelor 21% 2,750 $4,198 $2,276
Associate 26% 4,091 $3,898 $1,736
High school 31% 8,153 $3,798 $1,561
Less than high school 49% 2,922 $3,685 $1,042
Current-law poverty status
Above poverty 27% 18,227 $4,106 $1,838
In poverty 37% 1,292 $3,685 $762
Current-law household income quintile
Highest 18% 2,553 $4,538 $2,895
Second highest 26% 3,609 $4,198 $2,084
Middle 28% 4,006 $4,106 $1,827
Second lowest 32% 4,445 $3,898 $1,528
Lowest 35% 4,905 $3,685 $995
Current-law benefit type
Retired worker only 26% 12,820 $4,106 $1,853
Widow(er) (includes dually entitled) 31% 3,704 $3,685 $1,371
Spousal (includes dually entitled) 27% 1,732 $5,402 $2,263
Disabled worker only 46% 1,262 $3,685 $1,460
  Hispanic or Latino, any race
Subtotal 37% 2,969 $3,685 $1,043
Sex
Female 35% 1,448 $3,685 $1,042
Male 40% 1,522 $3,685 $1,044
Country of birth
United States 33% 1,123 $3,685 $1,155
Other countries 41% 1,847 $3,685 $975
Marital status
Married 38% 1,869 $4,789 $1,227
Divorced 35% 367 $3,685 $849
Widowed 38% 554 $3,685 $840
Never married 34% 180 $3,685 $803
Current-law poverty status
Above poverty 37% 2,685 $3,685 $1,087
In poverty 42% 285 $3,685 $595
Current-law household income quintile
Highest 34% 313 $3,798 $1,514
Second highest 36% 453 $3,898 $1,157
Middle 37% 569 $3,798 $1,168
Second lowest 38% 667 $3,685 $1,054
Lowest 39% 968 $3,685 $827
Current-law benefit type
Retired worker only 35% 1,864 $3,685 $1,061
Widow(er) (includes dually entitled) 39% 454 $3,685 $840
Spousal (includes dually entitled) 38% 338 $6,525 $1,177
Disabled worker only 56% 314 $3,685 $1,097
  White, non-Hispanic
Subtotal 24% 12,471 $4,106 $2,082
Sex
Female 24% 6,643 $4,106 $2,046
Male 25% 5,828 $4,198 $2,121
Country of birth
United States 24% 11,563 $4,106 $2,094
Other countries 28% 908 $4,106 $1,822
Age
60–69 22% 3,227 $3,685 $1,743
70–79 22% 4,958 $4,308 $2,075
80–89 29% 3,450 $4,333 $2,554
90 or older 37% 837 $3,877 $2,532
Marital status
Married 23% 6,653 $5,129 $2,702
Divorced 25% 2,396 $3,685 $1,310
Widowed 28% 2,613 $3,685 $1,583
Never married 25% 809 $3,685 $1,144
Highest education level
Graduate 18% 1,243 $4,303 $2,807
Bachelor 19% 2,049 $4,308 $2,499
Associate 23% 2,847 $4,106 $1,936
High school 28% 5,252 $3,898 $1,814
Less than high school 45% 1,081 $3,685 $1,429
Current-law poverty status
Above poverty 24% 11,828 $4,198 $2,133
In poverty 33% 643 $3,685 $984
Current-law household income quintile
Highest 16% 1,794 $4,719 $3,165
Second highest 23% 2,572 $4,308 $2,351
Middle 25% 2,638 $4,198 $2,091
Second lowest 28% 2,804 $3,898 $1,756
Lowest 31% 2,663 $3,685 $1,143
Current-law benefit type
Retired worker only 23% 8,219 $4,198 $2,163
Widow(er) (includes dually entitled) 28% 2,503 $3,685 $1,565
Spousal (includes dually entitled) 25% 1,148 $5,245 $2,648
Disabled worker only 41% 601 $3,685 $1,774
  Black or African American, non-Hispanic
Subtotal 41% 2,865 $3,685 $941
Sex
Female 41% 1,580 $3,685 $967
Male 40% 1,285 $3,685 $890
Country of birth
United States 40% 2,473 $3,685 $941
Other countries 41% 392 $3,685 $944
Marital status
Married 38% 1,163 $4,719 $1,399
Divorced 39% 642 $3,685 $659
Widowed 45% 573 $3,685 $766
Never married 43% 488 $3,685 $671
Highest education level
Graduate 31% 186 $3,798 $1,227
Bachelor 32% 301 $3,685 $1,064
Associate 38% 652 $3,685 $944
High school 42% 1,361 $3,685 $914
Less than high school 61% 364 $3,685 $728
Current-law poverty status
Above poverty 40% 2,597 $3,685 $982
In poverty 47% 268 $2,999 $515
Current-law household income quintile
Highest 34% 275 $4,106 $1,596
Second highest 35% 389 $3,685 $1,092
Middle 40% 530 $3,685 $965
Second lowest 44% 736 $3,685 $931
Lowest 43% 935 $3,685 $661
Current-law benefit type
Retired worker only 39% 1,952 $3,685 $961
Widow(er) (includes dually entitled) 42% 515 $3,685 $837
Spousal (includes dually entitled) 36% 118 $4,970 $1,122
Disabled worker only 53% 280 $3,685 $941
  All other races, non-Hispanic
Subtotal 30% 1,213 $4,106 $1,853
Sex
Female 30% 671 $3,898 $1,827
Male 30% 542 $4,106 $1,905
Country of birth
United States 33% 566 $3,798 $1,772
Other countries 28% 646 $4,198 $1,905
Marital status
Married 29% 701 $5,180 $2,296
Divorced 29% 177 $3,685 $1,452
Widowed 35% 258 $3,685 $1,182
Never married 32% 77 $3,685 $1,026
Highest education level
Graduate 21% 118 $4,333 $2,835
Bachelor 23% 253 $4,062 $2,144
Associate 30% 208 $3,891 $1,576
High school 35% 481 $4,106 $1,630
Less than high school 48% 154 $3,685 $1,167
Current-law poverty status
Above poverty 30% 1,117 $4,106 $1,973
In poverty 35% 95 $3,673 $724
Current-law household income quintile
Highest 20% 173 $4,598 $2,820
Second highest 29% 195 $4,106 $2,144
Middle 35% 270 $4,106 $2,049
Second lowest 31% 238 $4,333 $1,489
Lowest 36% 338 $3,685 $1,093
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $)
Percentage Number
(in thousands)
Insurance premium Out of pocket
  All beneficiaries
Total 30% 25,017 $6,119 $2,711
Sex
Female 30% 13,137 $6,103 $2,735
Male 31% 11,880 $6,176 $2,681
Race and ethnicity
Hispanic or Latino, any race 38% 5,872 $6,035 $1,744
White, non-Hispanic 26% 13,617 $6,349 $3,313
Black or African American, non-Hispanic 40% 3,631 $6,035 $1,525
All other races, non-Hispanic 30% 1,897 $6,723 $3,090
Country of birth
United States 28% 18,300 $6,035 $2,856
Other countries 36% 6,717 $6,220 $2,282
Age
60–69 28% 6,593 $6,035 $2,277
70–79 26% 8,108 $6,349 $2,572
80–89 34% 7,359 $6,875 $3,100
90 or older 39% 2,957 $6,383 $3,855
Marital status
Married 29% 12,333 $8,399 $3,616
Divorced 29% 4,511 $6,035 $1,906
Widowed 33% 5,096 $6,035 $2,137
Never married 32% 3,077 $6,035 $1,631
Highest education level
Graduate 22% 2,482 $6,383 $3,813
Bachelor 24% 4,370 $6,358 $3,614
Associate 28% 5,262 $6,154 $2,622
High school 34% 9,104 $6,035 $2,306
Less than high school 50% 3,799 $6,035 $1,536
Current-law poverty status
Above poverty 30% 23,570 $6,220 $2,810
In poverty 38% 1,447 $6,035 $1,168
Current-law household income quintile
Highest 21% 3,513 $6,383 $4,165
Second highest 28% 4,647 $6,383 $3,170
Middle 30% 5,032 $6,723 $2,918
Second lowest 34% 5,667 $6,307 $2,330
Lowest 37% 6,158 $6,035 $1,517
Current-law benefit type
Retired worker only 28% 17,345 $6,220 $2,847
Widow(er) (includes dually entitled) 34% 4,225 $6,035 $2,059
Spousal (includes dually entitled) 28% 1,806 $10,686 $3,180
Disabled worker only 51% 1,641 $6,035 $2,085
  Hispanic or Latino, any race
Subtotal 38% 5,872 $6,035 $1,744
Sex
Female 37% 2,860 $6,035 $1,817
Male 40% 3,012 $6,035 $1,652
Country of birth
United States 34% 2,319 $6,035 $1,765
Other countries 42% 3,553 $6,035 $1,730
Age
60–69 43% 2,192 $6,035 $1,510
70–79 32% 2,055 $6,220 $1,669
80–89 42% 1,277 $6,383 $2,221
90 or older 52% 348 $6,035 $2,517
Marital status
Married 39% 3,334 $9,303 $2,117
Divorced 37% 725 $6,035 $1,432
Widowed 39% 1,120 $6,035 $1,447
Never married 39% 694 $6,035 $1,142
Highest education level
Graduate 27% 229 $6,035 $2,068
Bachelor 29% 405 $6,035 $2,517
Associate 30% 741 $6,035 $1,789
High school 37% 2,169 $6,035 $1,791
Less than high school 51% 2,329 $6,035 $1,464
Current-law poverty status
Above poverty 38% 5,418 $6,035 $1,811
In poverty 43% 454 $6,035 $984
Current-law household income quintile
Highest 31% 599 $6,035 $2,354
Second highest 38% 933 $6,035 $1,938
Middle 37% 1,075 $6,220 $1,921
Second lowest 40% 1,422 $6,723 $1,871
Lowest 41% 1,843 $6,035 $1,258
Current-law benefit type
Retired worker only 37% 4,045 $6,035 $1,846
Widow(er) (includes dually entitled) 41% 829 $6,035 $1,327
Spousal (includes dually entitled) 35% 544 $10,686 $1,765
Disabled worker only 63% 454 $6,035 $1,628
  White, non-Hispanic
Subtotal 26% 13,617 $6,349 $3,313
Sex
Female 26% 7,222 $6,349 $3,331
Male 27% 6,395 $6,220 $3,285
Country of birth
United States 26% 12,291 $6,349 $3,334
Other countries 31% 1,326 $6,349 $3,066
Age
60–69 22% 3,056 $6,035 $2,892
70–79 22% 3,957 $6,723 $3,180
80–89 30% 4,438 $6,875 $3,559
90 or older 36% 2,165 $6,383 $4,259
Marital status
Married 25% 6,821 $8,184 $4,403
Divorced 25% 2,653 $6,035 $2,213
Widowed 30% 2,981 $6,035 $2,556
Never married 25% 1,161 $6,035 $2,134
Highest education level
Graduate 19% 1,560 $6,383 $4,247
Bachelor 22% 2,947 $6,383 $4,065
Associate 25% 3,256 $6,349 $3,084
High school 31% 4,824 $6,035 $2,823
Less than high school 47% 1,029 $6,035 $1,930
Current-law poverty status
Above poverty 26% 13,025 $6,383 $3,402
In poverty 34% 592 $6,035 $1,530
Current-law household income quintile
Highest 18% 2,113 $6,723 $4,712
Second highest 25% 2,830 $6,723 $3,796
Middle 27% 2,984 $6,872 $3,397
Second lowest 31% 3,032 $6,383 $2,781
Lowest 33% 2,657 $6,035 $1,846
Current-law benefit type
Retired worker only 24% 9,316 $6,383 $3,469
Widow(er) (includes dually entitled) 31% 2,573 $6,035 $2,451
Spousal (includes dually entitled) 26% 982 $10,686 $4,081
Disabled worker only 45% 746 $6,035 $2,876
  Black or African American, non-Hispanic
Subtotal 40% 3,631 $6,035 $1,525
Sex
Female 41% 2,036 $6,035 $1,519
Male 39% 1,594 $6,035 $1,533
Country of birth
United States 40% 3,031 $6,035 $1,505
Other countries 42% 599 $6,035 $1,713
Age
60–69 35% 1,024 $6,035 $1,399
70–79 39% 1,356 $6,035 $1,441
80–89 47% 982 $6,035 $1,789
90 or older 48% 269 $6,035 $2,034
Marital status
Married 38% 1,175 $7,899 $2,205
Divorced 39% 827 $6,035 $1,214
Widowed 46% 608 $6,035 $1,258
Never married 41% 1,020 $6,035 $1,192
Highest education level
Graduate 37% 322 $6,035 $1,980
Bachelor 32% 509 $6,035 $2,110
Associate 40% 897 $6,035 $1,483
High school 43% 1,588 $6,035 $1,388
Less than high school 55% 315 $6,035 $1,005
Current-law poverty status
Above poverty 40% 3,337 $6,035 $1,628
In poverty 45% 293 $6,035 $752
Current-law household income quintile
Highest 36% 348 $6,035 $2,179
Second highest 38% 563 $6,035 $1,703
Middle 39% 661 $6,220 $1,899
Second lowest 40% 832 $6,035 $1,557
Lowest 44% 1,227 $6,035 $1,063
Current-law benefit type
Retired worker only 38% 2,612 $6,035 $1,604
Widow(er) (includes dually entitled) 46% 516 $6,035 $1,229
Spousal (includes dually entitled) 40% 134 $10,686 $1,899
Disabled worker only 56% 368 $6,035 $1,264
  All other races, non-Hispanic
Subtotal 30% 1,897 $6,723 $3,090
Sex
Female 29% 1,019 $6,723 $2,964
Male 30% 878 $6,723 $3,328
Country of birth
United States 33% 658 $6,220 $3,124
Other countries 28% 1,239 $6,723 $3,060
Age
60–69 21% 320 $6,035 $2,799
70–79 27% 739 $6,875 $2,980
80–89 39% 662 $7,096 $3,318
90 or older 37% 176 $6,723 $3,936
Marital status
Married 28% 1,003 $8,762 $4,069
Divorced 35% 306 $6,035 $2,099
Widowed 33% 387 $6,035 $2,364
Never married 27% 201 $6,035 $1,622
Highest education level
Graduate 23% 371 $7,055 $3,813
Bachelor 25% 510 $6,723 $3,405
Associate 33% 368 $6,035 $2,537
High school 38% 523 $6,723 $2,803
Less than high school 46% 126 $6,035 $1,667
Current-law poverty status
Above poverty 29% 1,789 $6,723 $3,219
In poverty 33% 108 $6,035 $1,654
Current-law household income quintile
Highest 23% 452 $7,055 $4,305
Second highest 28% 321 $6,723 $3,502
Middle 31% 312 $7,096 $3,205
Second lowest 35% 380 $6,723 $2,613
Lowest 36% 431 $6,035 $1,585
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: 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 (2024 $)
Percentage Number
(in thousands)
Insurance premium Out of pocket
  All beneficiaries
Total 29% 26,986 $9,267 $3,895
Sex
Female 29% 13,812 $9,267 $4,024
Male 30% 13,174 $9,267 $3,765
Race and ethnicity
Hispanic or Latino, any race 36% 7,850 $9,267 $2,595
White, non-Hispanic 25% 13,152 $9,489 $4,804
Black or African American, non-Hispanic 41% 3,841 $9,267 $2,274
All other races, non-Hispanic 24% 2,143 $9,267 $4,749
Country of birth
United States 28% 20,202 $9,267 $4,045
Other countries 34% 6,785 $9,267 $3,403
Age
60–69 28% 7,259 $9,267 $3,407
70–79 26% 9,078 $9,267 $3,618
80–89 32% 7,353 $9,802 $4,509
90 or older 38% 3,296 $9,552 $5,290
Marital status
Married 27% 11,679 $12,898 $5,247
Divorced 30% 5,435 $9,267 $2,871
Widowed 32% 4,617 $9,267 $3,314
Never married 31% 5,255 $9,267 $2,639
Highest education level
Graduate 19% 3,321 $9,552 $5,276
Bachelor 23% 4,004 $9,267 $5,269
Associate 27% 5,455 $9,267 $3,583
High school 34% 9,524 $9,267 $3,285
Less than high school 49% 4,682 $9,267 $2,316
Current-law poverty status
Above poverty 29% 25,873 $9,267 $3,995
In poverty 39% 1,113 $9,267 $1,873
Current-law household income quintile
Highest 20% 3,728 $9,552 $5,941
Second highest 26% 4,783 $9,552 $4,585
Middle 30% 5,620 $9,802 $4,036
Second lowest 33% 6,108 $9,267 $3,293
Lowest 37% 6,746 $9,267 $2,322
Current-law benefit type
Retired worker only 27% 19,193 $9,267 $4,050
Widow(er) (includes dually entitled) 33% 4,109 $9,267 $3,115
Spousal (includes dually entitled) 28% 1,780 $16,409 $4,358
Disabled worker only 52% 1,904 $9,267 $3,351
  Hispanic or Latino, any race
Subtotal 36% 7,850 $9,267 $2,595
Sex
Female 35% 3,787 $9,267 $2,757
Male 38% 4,064 $9,267 $2,427
Country of birth
United States 34% 4,338 $9,267 $2,652
Other countries 41% 3,512 $9,267 $2,506
Age
60–69 41% 3,108 $9,267 $2,455
70–79 31% 2,583 $9,267 $2,401
80–89 37% 1,601 $9,267 $2,998
90 or older 43% 558 $9,552 $3,443
Marital status
Married 36% 3,831 $13,584 $3,303
Divorced 34% 1,183 $9,267 $2,125
Widowed 37% 1,221 $9,267 $2,141
Never married 39% 1,615 $9,267 $1,811
Highest education level
Graduate 18% 341 $9,267 $3,493
Bachelor 27% 435 $9,267 $3,607
Associate 28% 1,038 $9,267 $2,789
High school 37% 3,084 $9,267 $2,558
Less than high school 49% 2,952 $9,267 $2,064
Current-law poverty status
Above poverty 36% 7,418 $9,267 $2,668
In poverty 45% 432 $9,267 $1,500
Current-law household income quintile
Highest 32% 877 $9,267 $3,042
Second highest 33% 1,195 $9,267 $2,969
Middle 37% 1,602 $9,267 $3,266
Second lowest 36% 1,814 $9,267 $2,517
Lowest 40% 2,362 $9,267 $1,863
Current-law benefit type
Retired worker only 34% 5,302 $9,267 $2,638
Widow(er) (includes dually entitled) 37% 1,065 $9,267 $2,188
Spousal (includes dually entitled) 33% 681 $16,409 $2,728
Disabled worker only 66% 802 $9,267 $2,754
  White, non-Hispanic
Subtotal 25% 13,152 $9,489 $4,804
Sex
Female 24% 6,733 $9,267 $4,872
Male 26% 6,419 $9,552 $4,725
Country of birth
United States 25% 11,936 $9,552 $4,852
Other countries 28% 1,216 $9,267 $4,299
Age
60–69 21% 2,731 $9,175 $4,396
70–79 22% 4,238 $9,749 $4,549
80–89 29% 4,145 $10,557 $5,256
90 or older 36% 2,037 $9,749 $5,747
Marital status
Married 24% 5,942 $12,898 $6,446
Divorced 26% 3,036 $9,267 $3,431
Widowed 29% 2,537 $9,267 $4,021
Never married 24% 1,636 $9,267 $3,347
Highest education level
Graduate 18% 2,075 $9,552 $5,891
Bachelor 21% 2,438 $9,552 $5,807
Associate 25% 3,144 $9,267 $4,171
High school 30% 4,398 $9,267 $4,235
Less than high school 46% 1,096 $9,267 $3,252
Current-law poverty status
Above poverty 25% 12,775 $9,552 $4,877
In poverty 34% 377 $9,267 $2,221
Current-law household income quintile
Highest 17% 1,954 $9,749 $6,928
Second highest 22% 2,615 $9,749 $5,324
Middle 26% 2,940 $10,324 $4,617
Second lowest 30% 3,027 $9,552 $3,997
Lowest 32% 2,617 $9,267 $2,925
Current-law benefit type
Retired worker only 23% 9,408 $9,749 $4,978
Widow(er) (includes dually entitled) 30% 2,322 $9,267 $3,753
Spousal (includes dually entitled) 24% 754 $16,409 $5,875
Disabled worker only 42% 668 $9,267 $4,328
  Black or African American, non-Hispanic
Subtotal 41% 3,841 $9,267 $2,274
Sex
Female 43% 2,147 $9,267 $2,339
Male 40% 1,694 $9,267 $2,176
Country of birth
United States 41% 3,266 $9,267 $2,261
Other countries 44% 576 $9,267 $2,394
Age
60–69 37% 1,030 $9,267 $2,071
70–79 39% 1,413 $9,267 $2,058
80–89 48% 1,023 $9,267 $2,771
90 or older 51% 375 $9,267 $3,545
Marital status
Married 38% 926 $12,043 $3,320
Divorced 43% 950 $9,267 $1,781
Widowed 42% 452 $9,267 $2,409
Never married 43% 1,514 $9,267 $1,993
Highest education level
Graduate 31% 395 $9,267 $3,150
Bachelor 38% 625 $9,267 $3,225
Associate 41% 835 $9,267 $2,023
High school 44% 1,569 $9,267 $1,942
Less than high school 60% 417 $9,267 $1,566
Current-law poverty status
Above poverty 41% 3,646 $9,267 $2,342
In poverty 46% 195 $9,267 $1,182
Current-law household income quintile
Highest 37% 425 $9,267 $3,369
Second highest 38% 603 $9,267 $2,873
Middle 40% 699 $9,267 $2,530
Second lowest 45% 864 $9,267 $2,178
Lowest 44% 1,250 $9,267 $1,609
Current-law benefit type
Retired worker only 40% 2,910 $9,267 $2,310
Widow(er) (includes dually entitled) 47% 440 $9,267 $1,977
Spousal (includes dually entitled) 44% 167 $16,409 $2,742
Disabled worker only 53% 324 $9,267 $2,073
  All other races, non-Hispanic
Subtotal 24% 2,143 $9,267 $4,749
Sex
Female 23% 1,145 $9,267 $4,867
Male 26% 998 $9,267 $4,588
Country of birth
United States 22% 662 $9,267 $4,538
Other countries 26% 1,481 $9,552 $4,856
Age
60–69 18% 390 $9,267 $4,173
70–79 23% 844 $9,267 $4,423
80–89 28% 584 $10,896 $5,289
90 or older 37% 326 $9,749 $7,600
Marital status
Married 22% 979 $12,568 $6,075
Divorced 29% 266 $9,267 $3,321
Widowed 29% 407 $9,267 $3,792
Never married 23% 490 $9,267 $3,679
Highest education level
Graduate 20% 510 $9,802 $5,793
Bachelor 19% 505 $9,267 $5,291
Associate 26% 438 $9,267 $4,185
High school 32% 473 $9,267 $3,653
Less than high school 50% 218 $9,267 $3,365
Current-law poverty status
Above poverty 24% 2,035 $9,267 $4,808
In poverty 35% 108 $9,267 $3,625
Current-law household income quintile
Highest 16% 473 $9,802 $6,643
Second highest 24% 370 $9,802 $4,596
Middle 28% 379 $10,324 $4,449
Second lowest 29% 404 $9,267 $4,038
Lowest 32% 517 $9,267 $3,255
Current-law benefit type
Retired worker only 23% 1,572 $9,267 $4,926
Widow(er) (includes dually entitled) 33% 283 $9,267 $3,129
Spousal (includes dually entitled) 21% 178 $14,285 $5,044
Disabled worker only 46% 110 $9,267 $4,392
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024.
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.