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59% of individuals age 62 or older began Social Security before Full Retirement Age (FRA).1
53% began Social Security before Full Retirement Age just because they were eligible.1
Total Monthly Benefits2
Age 62
$1,420
Age 66 + 6 Mo. FRA
$2,317
Age 70
$3,549
$2,129 MORE if
you wait until 70
Total Lifetime Benefits Age 902
Age 62
$742,516
Age 66 + 2 Mo. FRA
$966,917
Age 70
$1,161,521
$419,005 MORE if
you wait until 70
Potentially your single BIGGEST asset retirement.
Know Your Situation
Your retirement is unique to you. Define your individual goals and concerns.
Work With A Financial Advisor
Professional advice makes a difference.
Write Your Plan Down
Having a plan in your head may not be enough.
Important Legal Information
This communication is general in nature and provided for educational and informational purposes only. It should not be considered or relied upon as legal, tax or investment advice or an investment recommendation, or as a substitute for legal or tax counsel. How and when to claim Social Security benefits is a personal decision, and can depend on a number of factors—such as your financial and individual situation, health, family longevity, and tax and social security laws which can be complex and subject to frequent change. Any investment products or services named herein are for illustrative purposes only, and should not be considered an offer to buy or sell, or an investment recommendation for, any specific security, strategy or investment product or service. Always consult a qualified professional or your own independent financial advisor for personalized advice or investment recommendations tailored to your specific goals, individual situation, and risk tolerance.
Franklin Templeton Investments (FTI) does not provide legal or tax advice.
FTI is not responsible for content on the Social Security Administration’s website. Federal and state laws and regulations are complex and subject to change, which can materially impact your results. FTI cannot guarantee that such information is accurate, complete or timely; and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.
All financial decisions and investments involve risk, including possible loss of principal.
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Franklin Templeton Distributors, Inc.
This website is for US residents.
This website is for US residents.
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