22.12.2024 19:45:00

Here's How Much in Social Security Benefits the Average 62-Year-Old Gets Per Month

Social Security's earliest claiming age remains one of its most popular, and it's easy to understand why. The earlier you claim, the more checks you receive. But claiming early also reduces the size of your monthly benefit by up to 30%.This doesn't mean it's always the wrong choice, but it's definitely something to weigh when deciding when to start claiming benefits. Here's a closer look at how the average 62-year-old's check stacks up to the average benefits at later claiming ages.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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