At age 70, the average monthly Social Security benefit for retirees reaches approximately $2,176.76. This is a significant boost compared to earlier claiming ages. While benefits begin as early as age 62 (with notably lower amounts), waiting until full retirement age—and even beyond—can meaningfully increase your payout.
This increase isn’t just a number. It reflects the built-in reward for patience, with larger monthly checks designed to compensate for a shorter payment window. For well-off seniors, that decision is often about maximizing resources and planning for the comforts of later years. And for those advocating for full COLAs, these higher benefits highlight what’s at stake: ensuring that earned payments keep pace with life’s rising costs.
Ultimately, this reinforces a powerful message. Fair treatment is crucial in the form of both robust benefits and Cost-of-Living Adjustments.
Help The Seniors Center Protect the Future of Social Security
The Seniors Center is committed to finding solutions to strengthen and protect the Social Security Trust Fund. Social Security is a contract between citizens and the government. Money deposited in the Trust Fund should only be used to pay benefits to eligible recipients.
The Seniors Center is demanding Congress finally put a stop to the careless borrowing and spending by greedy politicians that has put our Trust Fund and our secure retirement in jeopardy.
At The Seniors Center, our goal is to help seniors, and we’re doing that by protecting the future of Social Security. Retirees shouldn’t have to worry about losing their hard-earned benefits to taxes or the agendas of greedy politicians. If you agree, we invite you to sign our petition today! And follow The Seniors Center on Twitter and Facebook for more updates!
