Average Social Security benefit for 69-year-olds reaches $1,945 per month

The average Social Security benefit for a 69-year-old retired worker is $1,945.18 per month. This figure is based on about 2.9 million retirees and includes those who claimed benefits at different ages. Those who delay claiming benefits until after full retirement age can receive significantly more. The average benefit for those who waited is $2,576 per month, over $600 higher than the overall average. Benefits are based on a worker's earnings history and can increase by 8% for each year of delay beyond full retirement age, up to a maximum of 24% at age 70. Individuals can check their estimated benefits online at the Social Security Administration's website.