"The Average Social Security Benefit at Age 67: What You Need to Know"

The average monthly Social Security benefit for retirees at age 67 is around $1,845, with men receiving $2,055 and women receiving $1,638 on average. Waiting to claim benefits until age 70 can result in substantially higher monthly payments, but filing at age 67 can be a smart compromise for those seeking larger payments while still retiring a little earlier. Ultimately, the decision on when to claim Social Security benefits is highly personal and depends on individual financial goals and circumstances.