In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security ...

Source: Social Security Administration. Chart by author ... Also note that the table above starts at age 62 because that's the earliest age at which you can apply for your benefits.

but the so-called "full retirement age" for Social Security is already older than that — and it's about to hit an even higher age in 2025. Social Security's full retirement age (FRA) refers to ...

Keep in mind that the Social Security Administration also pays benefits in the month after they're due. For example, if you turn 62 on March 21, 2025, you won't be eligible for benefits until April ...

You can see a full chart ... Social Security benefit individuals at FRA can claim is $4,018 in 2025, adjusted up for inflation from $3,822 last year. Those who wait until age 70 can claim even ...

Working after full retirement age could increase your Social Security benefits. Your benefits are based on average wages over your 35 highest-earning years (adjusted for inflation). Even after you ...

which show some average monthly benefits for people of different ages -- including age 75 -- and genders as of the end of 2023: Source: Social Security Administration. Chart by author. Most folks ...

The following chart provides information about how often people claim Social Security retirement benefits at the same age they retire. This is calculated by focusing on either a given retirement ...

Social Security ... amount at age 62 is just $1,298 per month -- compared to around $1,884 per month at age 67. Delaying claiming until after your FRA can boost your benefits even further.