16.12.2024 15:00:00

This Is the Average Social Security Benefit for Age 67

The age you begin claiming Social Security will have an enormous impact on the size of your checks, so it's wise to make this decision carefully. Filing as early as possible at age 62 can reduce your benefits by hundreds of dollars per month, while delaying by even a year or two can result in far more robust payments.Age 67 is the full retirement age for everyone born in 1960 or later. Your full retirement age is the age at which you'll receive 100% of your benefit based on your work history, without any deductions or bonuses for filing earlier or later. Here's what the average retiree receives at this age.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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