The number of retired workers receiving Social Security benefits increased from approximately ***** million in 2010 to ***** million in 2023. This figure has increased at the same rate year-on-year over the past decade and is likely to continue into the future. What is Social Security? Social Security benefits are payments, which are paid out by the U.S. government to qualified retirees and disabled people, as well as to their spouses, children and survivors. These payments are meant to provide them with partial replacement income. Social security expenditure is forecast to increase year-on-year over the next decade, as it has since the beginning of the 21st century. The impact of demographic change This is likely to the fact that the U.S. population is aging rapidly, which means that seniors will account for a greater proportion of the population in the future. This demographic change will put pressure on government resources, because the workforce whose tax dollars pay for social benefits will make up a smaller percentage of the population than now. Americans who are 65 years and older are the demographic group estimated to grow the most over the next 40 years, whereas the other groups will mostly remain the same.

From 1999 through to 2024, the number of retirees working after their retirement stayed at or below 30 percent, aside from 2004, 2009, and 2018. In these three exceptions, the number of retirees working for pay in the United States rose above 30 percent.

Retirement Age Men in the United States increased to 66.83 Years in 2025 from 66.67 Years in 2024. This dataset provides - United States Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Corporate Securities Retired, Debt, All Industries for United States (Q10120USQ144NNBR) from Q1 1948 to Q1 1964 about retirement, debt, securities, corporate, industry, and USA.

Retirement Age Women in the United States increased to 66.83 Years in 2025 from 66.67 Years in 2024. This dataset provides - United States Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Government current expenditures: Federal: Income security: Retirement (G160741A027NBEA) from 1959 to 2023 about retirement, social assistance, expenditures, federal, government, income, GDP, and USA.

According to the results of a survey conducted in the United States 2021, turning a certain age was the main trigger for starting to save for retirement. The survey, conducted among 1,000 working and fully retired Americans, revealed that many respondents started saving for retirement for work-related reasons.

Employment statistics on the Retirement Communities industry in the US

In 2023, about 17.7 percent of the American population was 65 years old or over; an increase from the last few years and a figure which is expected to reach 22.8 percent by 2050. This is a significant increase from 1950, when only eight percent of the population was 65 or over. A rapidly aging population In recent years, the aging population of the United States has come into focus as a cause for concern, as the nature of work and retirement is expected to change to keep up. If a population is expected to live longer than the generations before, the economy will have to change as well to fulfill the needs of the citizens. In addition, the birth rate in the U.S. has been falling over the last 20 years, meaning that there are not as many young people to replace the individuals leaving the workforce. The future population It’s not only the American population that is aging -- the global population is, too. By 2025, the median age of the global workforce is expected to be 39.6 years, up from 33.8 years in 1990. Additionally, it is projected that there will be over three million people worldwide aged 100 years and over by 2050.

Graph and download economic data for Federal Government; Retiree Health Care Funds; Liability, Transactions (BOGZ1FU313195105Q) from Q4 1946 to Q1 2025 about retirement, healthcare, health, transactions, liabilities, federal, and USA.

Mortality experience data from 2009 through 2013 on public pension plans in the United States

Graph and download economic data for State and Local Governments; Total Liabilities and Net Worth (IMA), Level (SLGLNWQ027S) from Q4 1945 to Q1 2025 about retirement, net worth, state & local, IMA, liabilities, Net, government, employment, and USA.

Number of Businesses statistics on the Retirement & Pension Plans industry in the US

Employment statistics on the Retirement & Pension Plans industry in the US

Graph and download economic data for State and Local Government Employee Defined Benefit Retirement Funds; Total Funded Assets, Level (BOGZ1FL222000075A) from 1945 to 2024 about retirement, state & local, benefits, assets, government, employment, and USA.

The largest defined contribution (DC) plan in the United States as of third quarter 2024 was the 401(k), with assets worth around 5.4 trillion U.S. dollars. The second leading DC plan was 403(b) plans, with assets worth 669 billion U.S. dollars.

In 2024, 50 percent of U.S. citizens who were 60 years old or older had some type of retirement savings. This information can be interpreted by the number of people in that age group without any retirement savings, which amounted to 50 percent. The share of individuals with retirement savings was lower in the younger age groups, and among adults from 18 to 29 years old, just ** had retirement savings.

The average monthly Social Security payment to retired workers amounted to ******** U.S. dollars in 2023. This was an increase from the previous year, when the average monthly payment amounted to ******* U.S. dollars.

Graph and download economic data for Income Before Taxes: Social Security, Private & Government Retirement by Race: Black or African American (CXURETIRINCLB0905M) from 1984 to 2023 about social, retirement, social assistance, African-American, tax, government, private, income, and USA.

Graph and download economic data for Expenditures: Other Household Expenses by Occupation: Retired (CXUHHOTHXPNLB1209M) from 1984 to 2023 about retirement, occupation, expenditures, households, and USA.