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A pair of glasses, a pen, and a calculator set atop a Social Security benefits application form. Image source: Getty Images. Statistically speaking, there is a superior claiming age for most retirees
Most Americans may consider the standard retirement age to be 65, but the so-called "full retirement age" for Social Security is already older than that — and it's about to hit an even higher ...
Starting in 2023, for example, if you were born in 1957, you would have reached your full retirement age — and become eligible to collect your full Social Security benefits — when you turned ...
The age you begin collecting benefits can have a big impact on what you'll receive each month and during your lifetime from America's top retirement program. Here's the Average Social Security ...
According to the most recent data released by the Social Security Administration in December 2023, the average benefit among 62-year-old retired workers is just $1,298 per month.
Year of birth. Full retirement age. 1937 and before. 65. 1938-1942. 65 + 2 months for each year past 1937. 1943-1954. 66. 1955-1959. 66 + 2 months for each year past 1954
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