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OCT 8. 2025

“The longer you live, the more it pays to wait to take your Social Security.”

Flow chart illustrating how Social Security benefits differ by birth year and claim age. Shows decreased benefits for claiming at age 62 and increased benefits for claiming at age 70, with percentages for different birth years and full retirement ages. Includes average annual cost-of-living increases for benefits.
Bar chart showing the probability of living to ages 85, 90, 95, and 100 for same-sex couples age 65 today. Data is split by female and male couples, with two sets of bars for each: non-smokers in excellent health and total population average. Probabilities are higher for non-smokers in excellent health, and higher for female couples compared to male couples.
Bar chart showing the probability of living to ages 85, 90, 95, and 100 for women, men, at least one member of a couple, and both members of a couple, age 65 today. Data is split by non-smokers in excellent health and total population average, with higher probabilities for non-smokers.
Flowchart guiding Social Security claiming decisions based on work status, other income sources, and life expectancy. Recommends delaying claiming if working, and provides age-based claiming suggestions (62, 67, or 70) depending on expected longevity and financial situation.
Two charts: First, a stacked bar chart showing the funded status of Social Security trust funds in 2034 and 2099, with ongoing payroll tax funding and unfunded portions. Second, a horizontal bar chart showing the age distribution of voters in 2022, highlighting that older voters (45+) make up 66% of voters.
Diagram outlining three steps for Medicare coverage: 1) Sign up for Parts A and B, 2) Choose your plan (Original Medicare with Medigap, Part D, and optional vision/dental/hearing, or Medicare Advantage/Part C), and 3) Prepare for additional expenses not covered by Medicare.
Stacked bar chart comparing monthly Medicare costs per person at age 65 (2025) and age 95 (2055) in 2025 dollars. Costs are broken down into uncertainties, Part B premiums, Part D premiums and out-of-pocket costs, other out-of-pocket costs, and Medigap Plan G. Total costs rise from $572 at age 65 to $1,611 at age 95.
Bar chart showing estimated monthly costs for Medicare Advantage with Part D and out-of-pocket expenses at age 65 (2025) and age 95 (2055). Costs are split into Medicare Advantage premium and out-of-pocket costs, with total costs ranging from $319 to $448 at age 65 and $765 to $1,077 at age 95.
Chart and table showing additional monthly premiums for Parts B and D in 2025 based on modified adjusted gross income bands for single and joint filers. Premiums range from $87 to $528 per person, increasing with higher income bands.