How Much Does Ss Increase Per Month After Full Retirement Age. Since retiring at 62 means a 30% reduction in monthly benefits, he’ll receive $2,000 minus 30% of $2,000 or $1,400 per month. Just six months later, the average benefit had increased nearly $10 to $1,706.98.
Since retiring at 62 means a 30% reduction in monthly benefits, he’ll receive $2,000 minus 30% of $2,000 or $1,400 per month. Full retirement age is between 65 and 67, depending on when.