This Is the Average Social Security Benefit for Age 70

This Is the Average Social Security Benefit for Age 70

Americans who qualify for Social Security based on their own work records can start collecting benefits at any time between when they turn 62 and when they hit 70. But the longer you wait to claim Social Security, the more money you'll receive each month. With that in mind, here's the average retired worker's Social Security benefit at age 70, and a rundown of what waiting to claim benefits could mean for you. The short answer At the end of …