Americans can wait until as late as age 70 to start collecting Social Security, and the longer you wait, the higher your monthly benefit will be. In this video, Certified Financial Planner® Matt Frankel reveals how much the average retiree who delays Social Security gets per month, and how much you could get if you choose to wait.
The $22,924 Social Security bonus most retirees completely overlook
If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “Social Security secrets” could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $22,924 more… each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we’re all after. Simply click here to discover how to learn more about these strategies.
View the “Social Security secrets” »
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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The post How Much More Does the Average Person Who Waits to Claim Social Security Really Get? appeared first on Retirely.