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Data source: Social Security Administration. Despite earning similar salaries throughout their careers, someone turning 70 in 2025 could receive a benefit that's over 80% higher per month than ...
Even if you're in line for the maximum possible benefit, you might be surprised at how much more you can get by waiting.
Image source: The Motley Fool. The maximum Social Security benefits at ages 62, 67, and 70. Ages 62, 67, and 70 are key ages in Social Security. Age 62 is important because it's the earliest you ...
Read on to see the maximum retired-worker benefit at ages 62, 66, 67, and 70 -- and what it takes to get the biggest Social Security payout. A Social Security card with U.S. currency and a U.S ...
The maximum Social Security benefit at ages 62, 66, and 70 in 2025. The Social Security program undergoes several important changes each year to keep benefits aligned with inflation and general ...
As you can see, the 70-year-old claiming the maximum benefit in 2024 receives $58,476 in annual income from Social Security alone. The 62-year-old brings in just $32,520.
Data source: Social Security Administration. Even though the 70-year-old and the 62-year-old earned comparable salaries throughout their careers, the 70-year-old ends up receiving a monthly ...
Table source: Social Security Administration. As you can see, there's a stark difference in the monthly income depending on the age you claim. A 70-year-old can receive up to $58,476 this year ...