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Here's the Average American's Social Security Benefit by Age

The Motley FoolSep 28, 2024 1:08 PM
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Did you know that nearly two-thirds of retired workers claim Social Security before full retirement age? Or that the average 62-year-old could get nearly $1,000 more every month by waiting until age 67? In this short video, Certified Financial Planner Matt Frankel breaks down the average Social Security benefit by age, as well as for early and late retirees.

The $22,924 Social Security bonus most retirees completely overlook

If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $22,924 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how to learn more about these strategies.

View the "Social Security secrets" »

The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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