This Is the Average Social Security Benefit for a 70-Year-Old
Most Americans become eligible to claim Social Security when they turn 62. But if you want to make the most of your benefits, you might want to wait until you reach 70.
The differences can be quite stark. Retirees could see up to a 77% increase in the sizes of their monthly checks by waiting that extra eight years to collect them. And while you might not think waiting is worth it, it happens to work out in the majority of cases.
Here's what the average retiree receives in Social Security benefits at age 70.
Source Fool.com
