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What age should you be to collect Social Security Benefits? - The Motley Fool

Some think the average retirement age is 65, but it is actually 63. You can take benefits as early as 62 but there is an earnings limit of $23,400.00 for 2025. If you make over that amount Social Security will take back $1.00 for every $2.00 you go over. The average Social Security payment at 65 as of the end of 2024 was $1,611.00. This is an average and the actual amount will vary widely depending on an individual’s earnings history. It’s important to know how you can survive on a lower benefit and what other income may be available. James Brumley for the Motley Fool explains here…

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