Have you ever wondered what the average Social Security benefit is by age?
The Motley Fool shares a full chart here. At age 62, your benefit will be at its lowest, coming in currently at $1,274.87.
Age 70 sees the highest average benefit, at $1,946.34. Of course, these numbers are impacted by a variety of factors.
Waiting until later can lead to a larger benefit. However, it’s worth noting that on this chart, the numbers go down overall beyond 70. Income and other factors can influence your payout.
What do you think about this chart and the averages per age? Share your thoughts!
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