The median worker aged 45 to 62 could increase their lifetime spending power by $182,000 by delaying Social Security retirement benefits until age 70.

Here's why you shouldn't hesitate to take benefits as early as possible.

A 2022 study found that few retirees will maximize their lifetime benefits by claiming Social Security before age 66, and most should delay until age 70. The average monthly Social Security benefit ...

Here's the average Social Security benefit for 62-year-olds, how early claiming affects your check, and what to consider before you start collecting benefits.

The difference between claiming early and waiting could be thousands of dollars per month.

Some older Americans, staring down potential Social Security benefit cuts, might look to access the program as soon as possible. Experts say that could be a mistake. Instead, potential beneficiaries ...

One of the most misunderstood Social Security issues is how working past age 62 affects retirement benefits. Misunderstandings often cause people to make the wrong decisions about claiming benefits or ...

Workers can start Social Security as early as age 62, but they will not maximize their monthly benefit unless they delay until age 70. The average 70-year-old retired worker receives $2,188 per month ...

The chart shows Social Security payments tend to increase with age. The difference between the average retired-worker benefit at 62 (the earliest possible claim age) and 70 (the oldest sensible claim ...

The chart makes it clear that Social Security payments tend to be bigger for older retirees. The discrepancy between the average benefit at 62 (the earliest possible claim age) and 70 (the oldest ...