Here's the Average Age Retirees Claim Social Security and the Monthly Benefit They Receive

One of the most important retirement decisions you'll ever make is when to claim Social Security.

Most retirees can claim their monthly benefit starting at age 62, but waiting to claim results in a bigger monthly check from the government. Your benefits typically max out at age 70.

That leaves a lot of options for retirees. Many financial decisions often benefit from following the wisdom of the crowd. Aggregating the decisions and estimates of millions into an average might provide a better guide to what you should do than following a single person's advice.

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Source Fool.com