Social Security Benefits at Age 65: Here’s How They’re Calculated and the Average Benefit Amount Revealed
New York, NY – Reaching age 65 is a significant milestone in the United States, not only because it is the age of eligibility for Medicare but also because it marks an opportune time for many to consider retirement. Although beginning to collect Social Security benefits at age 65 will not provide the full amount, the penalty is less significant compared to claiming benefits at 62. The process of calculating Social Security benefits at age …