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2. Here's the Average Social Security Benefit at Ages 62 ... - AOL

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   The lure of claiming benefits at age 62 is not having to wait to get your hands on your benefit. There's also the possibility of sweeping Social Security benefit cuts by 2033 .

3. This Is the Average Social Security Benefit for Age 62 - AOL

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   Specifically, Social Security benefits are reduced by 6.67% per year before your full retirement age for the first three years plus another 5% per year beyond three years early. Waiting can make a ...

4. Here's How Much in Social Security Benefits the Average 62 ...

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   The average Social Security benefit overall was $1,905.31 per month in 2023. But it's larger today thanks to cost-of-living adjustments (COLAs) . Benefits increased 3.2% in 2024, which would raise ...

5. Here Are the Average Social Security Benefits at Ages 62, 67 ...

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   Ages 62, 67, and 70 are key milestones in Social Security. Age 62 is the earliest you can claim benefits, 67 is most people's full retirement age, and 70 is when monthly benefits stop increasing ...

6. This Is the Average Social Security Benefit for Age 62 - AOL

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   The earliest you can claim Social Security benefits is 62, but doing so could reduce your monthly benefit by up to 30% (for those whose full retirement age is 67). That said, many people would ...

7. This Is the Average Social Security Benefit for Age 62 - AOL

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   The average benefit at age 70 is around $2,038 per month -- a whopping $740 more per month than the average at 62. If money is going to be tight in retirement, delaying claiming can make your ...

8. Here's the Average Social Security Benefit at Age 62 -- and ...

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   Beyond 36 months, Social Security further reduces benefits by 5/12 of 1% each month. For someone whose FRA is 67, claiming benefits at 62 will reduce their monthly payout by 30%.

9. This Is the Average Social Security Benefit for Age 62 - AOL

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   The following table outlines the lifetime benefit the average 62-year-old worker discussed above could get from Social Security by claiming a $1,298.26 monthly benefit at 62 versus a $1,854.66 at ...