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Workers who qualify for Social Security retirement benefits can choose to apply at any point between the ages of 62 and 70.
While 62 may be the statistically optimal age to claim normal retirement benefits for lower-earning spouses, it often makes ...
The average monthly benefit for recipients across all ages was $1,999.97 as of April 2025. Meanwhile, the maximum monthly ...
For most people, the optimal age to claim Social Security is 70. A study from United Income found that the majority of retirees would end up with more lifetime income if they delayed their ...
Statistics say there's one best age to claim Social Security. The earliest you can claim Social Security retirement benefits is age 62. Why shouldn't everyone begin collecting benefits as soon as ...
The Social Security Administration produced a long article with some nice charts. Retirees can use the chart to estimate when they would want to claim benefits if they know the discount rate and ...
So, what is the best age to claim Social Security? The average life expectancy for a 62-year-old American male is 83.6 years old, and for 62-year-old females, it is 86.5. That means that after you ...
And statistics say there is an optimal age for most people to claim Social Security. In 2022, the National Bureau of Economic Research (NBER) published a paper by three economists: David Altig ...
If you want to know the best age to claim Social Security benefits, there's only one thing you need to predict: your life expectancy. As morbid as it may be, if you know exactly when you'll pass ...
Given these individual considerations, it's fair to say there's no best claiming age for everyone. But a recent National Bureau of Economic Research (NBER) survey suggests there is one age that's ...
You may have heard that there's no one best age to claim Social Security, and that's true. Everyone's situation is unique. Factors like your life expectancy and your financial situation determine ...