This Is the Average Social Security Benefit for Age 63

So you're 63 -- born around 1962, the year that Johnny Carson debuted as The Tonight Show host and Bob Dylan wrote "Blowin' in the Wind." You may be happy to know that you're now eligible to start collecting Social Security benefits that are due to you -- though you can make those benefit checks bigger by delaying when you claim them. (For most people, it seems best to delay claiming Social Security until age 70, if possible.)You may be wondering how much to expect from Social Security. You'll get the best answer, based on your earnings, by setting up a my Social Security account at the Social Security Administration (SSA) website. But until you do so, know that as of July, the average monthly Social Security retirement benefit was $2,007, amounting to roughly $24,000 annually.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool