Changes in Social Security Claiming Age

A recent paper published by Boston College's Center for Retirement Research examined changes in the SS claiming age since 1985, and more recently during the Covid pandemic. The study shows that there has been a fairly dramatic decline in the percentage of those people claiming at 62 in the 20 years leading up to Covid, and that trend has remained steady since then. The study also shows that the average claiming age has increased by about 2 years.  The study looks at several sources of data, and describes some interesting demographic anomalies (like a large spoke in the number of 62 year olds per year due to the baby boom).  It's an interesting read and seems to indicate a gradual move toward retiring later, as has been discussed previoulsy in various HD posts

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Published on May 27, 2025 12:41
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