Social Security provides income to more than 67 million older Americans, survivors, and disabled workers and their families, with about three-fourths of recipients being retired workers. As of November 2023, the average retired worker receives $1,845 per month, or $22,140 per year, from Social Security.

Americans who earn relatively high salaries throughout their careers can get significantly more than the average -- even if they choose to retire early. But if a high earner can wait as long as possible to start collecting Social Security benefits, you might be surprised at how much of a difference it can make.

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Source Fool.com