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Social Security claims at 62 mean $851 less monthly than at 70

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  • SSA data shows retired-worker benefits rising from $1,424 at 62 to $2,275 at 70.
  • Claiming at 62 reduces monthly benefits by $851 compared with waiting until 70.
  • Only about 4% of Americans wait until 70, according to Transamerica Center for Retirement Studies.
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Social Security claims at 62 mean $851 less monthly than at 70 - CoinPost Terminal