Reported 30 days ago
Americans are increasingly waiting to claim Social Security benefits, with the average claiming age rising to 65 for men and 64.9 for women in 2022. In 2023, the average monthly benefit for new retirees is approximately $2,174.86. Delaying benefits until full retirement age or even 70 can maximize lifetime income, making it crucial for retirees to consider personal financial situations before deciding when to claim.
Source: YAHOO