This Is the Average Social Security Benefit for Age 65

Reaching age 65 is a major milestone for Americans. It's the age of eligibility for Medicare. Because of this, it can also be viewed by many as an opportune time to retire.

You won't receive your full Social Security benefits if you begin collecting at age 65. However, the penalty isn't nearly as significant as claiming benefits at 62. What's the average Social Security benefit at age 65?

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Source Fool.com