The downside to an age 62 claim, as you may have noticed in the claiming age table, is that monthly benefits are permanently reduced by 25% to 30%, depending on your birth year. Furthermore, early ...
You can also retire at 62 but delay collecting benefits, pushing your maximum benefits as high as $4,555 if you wait until age 70. Either way, the amount you receive will be based on the Social ...
The average retirement age for Americans is 62. The average retirement age has increased by a few years since the early 1990s, when the average American retired at 57. The expected retirement ...
When it comes to getting the maximum benefits possible, the question of whether or not to delay claiming Social Security payments becomes imperative. The benefit amount can vary depending on if ...
The average retirement age in the U.S. -- ranging from 60 to 62 -- has held relatively steady since 2012, according to a study from Gallup and MassMutual. The average retirement age in 2023 was 62.