However, those born in 1960 or later will have a full retirement age (FRA) of exactly 67 years. This change affects how much you will receive in Social Security benefits and when

What did the United Income researchers determine was the best age to claim Social Security? It wasn't 62. Instead, they found that 92% of Americans would be better off holding off until at least age 65 to claim Social Security retirement benefits, and 71% would be better off waiting until age 70.

Here's the average Social Security benefit for people age 65. Waiting longer to claim benefits, even past retirement age, can boost monthly payments