Summary: website this graph which represents the different benefit levels for a hypothetical retiree who would be entitled to a monthly benefit of $1000 at his or her full retirement age of 66 As you can see the benefit amount is reduced by 25 approximately 7 per year if this retiree starts benefits at age 62 The benefit is increased by 32 approximately 8 per year if the
Image Dimensions: 526 x 350
Image originally found here.