This Is the Average Social Security Benefit for Age 66

Social Security benefits can make retirement far more affordable, but the age at which you begin claiming will have a profound effect on the amount you receive.You can file for retirement benefits as early as age 62, but for every month you wait past that age, you'll receive slightly larger payments. You'll collect 100% of your earned benefit at your full retirement age (which is between the ages of 66 and 67, depending on your birth year), and delaying past that age up to 70 will earn you an extra bonus each month.Age 66 can be a smart time to file if you're looking to compromise between claiming early and delaying. Here's what the average benefit looks like at that age.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool