Economists are already forecasting the inflation rates that could be used to determine the 2027 Social Security COLA.
By that math, your typical American man would be smart to claim Social Security at age 62, the first year of his eligibility.
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Here's the Average Social Security Benefit for Retirees Right Now (and What It Could Be in 2030)
Social Security benefits are a lifeline for many retirees, with 62% of current retirees saying they're a major source of income, according to a 2025 poll from Gallup.
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