As previously mentioned, there have been a number of studies which show that people who smoke earn less money than non-smokers. These studies indicate that smokers earn anywhere between 4% and 11% less money than those who don’t smoke.
One of the direct results of earning less money is that less money is paid from each paycheck into social security and / or pension funds from the smoker’s paycheck. Since less funds are put aside for these retirement programs, the amount that smokers will get from them when they stop working will be less than those who didn’t smoke.
While it is difficult to estimate how much of the smaller social security check or pension payment would be a direct result from smaller wages incurred due to smoking, a loss of $500, or under $50 a month would be conservative estimate. The true amount is likely much greater.