The average benefit at age 62 is unlikely to be sufficient for many retirees if they’re expecting social security to be their sole source of income. Those who have a full retirement age of 67 and choose to apply at.
The average benefit at age 62 is unlikely to be sufficient for many retirees if they’re expecting social security to be their sole source of income. If your full retirement age is 66 and you retire at age 62, your benefit amount will be 25% lower.
The Average Social Security Benefit At 62 For A Retired Worker Was $1,298 As Of December 2023, According To The Social Security Administration.
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Their average benefit was $1,298.26 per.
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Over The Course Of A.
I n 2024, the average monthly social security benefit is just $1,907 per month.
The Average Benefit At Age 62 Is Unlikely To Be Sufficient For Many Retirees If They’re Expecting Social Security To Be Their Sole Source Of Income.