Age 62  $1,245 Monthly

Age 66  $1,778 Monthly

Age 70  $2,400 Monthly

According to most of the information I've read, 50% of retiree's age 62 apply for Social Security.  I can understand.  However, if you have longevity in your family and anticipate living 20+ years in retirement-consider the increased benefits.

Source: ABCNews.com