Here's How to Squeeze an Extra 24% Out of Social Security

Here's How to Squeeze an Extra 24% Out of Social Security
·3 min read

The average monthly Social Security benefit is around $1,559. To increase your Social Security check by 24%, there's one simple thing to do: Wait to claim your benefit until age 70. Waiting earns you delayed retirement credits, worth a benefit boost equal to two-thirds of 1% for each month you wait -- an 8% annual increase.

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