Average Social Security Benefits by Age: 62, 65, and 70

Reported 2 months ago

The average Social Security benefit for retirees varies significantly based on claiming age, with the average for 62-year-olds at $1,311, for 65-year-olds at $1,583, and for 70-year-olds at $2,068. Claiming Social Security at 70 can lead to substantially higher monthly benefits, making it important for future retirees to understand how age impacts their benefits.

Source: YAHOO

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