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Here's the Maximum Social Security Benefit at Ages 62, 67, and 70, and How to Get It


If you can maximize your Social Security benefits, you're well on your way to a dream retirement. Nearly 6 in 10 retirees say Social Security is a major source of income in retirement, according to an annual Gallup poll. Getting every penny possible out of the program requires a long career earning a well-above-average salary.

But even if you do everything you can to maximize your benefits during your career, you still have to decide when to claim your benefits. The most popular age to claim benefits is 62, but many near-retirees are likely considering waiting until 67, when they'll reach their designated full retirement age. You could delay your benefits until 70 or beyond, adding even more to your check.

There are huge differences among what you could claim at each of the three ages above, and that's extremely clear in the maximum Social Security benefits for each of them.

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Source Fool.com


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