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This Is the Average Social Security Benefit for Age 67

TheMotleyFool

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This Is the Average Social Security Benefit for Age 67: https://g.foolcdn.com/editorial/images/781027/getty-thoughtful-older-person-outside-at-the-park.jpg

Patience often pays off. That's true whether we're talking about fishing, gardening, or learning something new. And it's definitely applicable to the decision about when to claim Social Security retirement benefits.

All Americans born in 1960 or after will receive lower monthly checks if they begin collecting Social Security retirement benefits before reaching their full retirement age of 67. How much you receive depends on several factors, but the Social Security Administration (SSA) provides updated average benefits by age each year.

Image source: Getty Images.

Source Fool.com

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