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At what age should I draw my benefit? No one can give you a “one-answer fits all” response. There are three factors involved in this answer: genetics, personal health and financial need. Keep in mind that the Social Security Administration (SSA) tells us the average life expectancy for a male is roughly 84 years, and for a female 87 years in determining your answer, and then look at the age your parents (of your sex) died as a first measurement point. Then look to your own health because SSA tells us to knock ten years off of that life expectancy if you are diabetic, obese, smoke or have kidney disease. Finally, look at your financial need-do you really need the money or do you just want the money-there are severe, permanent penalties for drawing early, and substantial benefits for delaying. As a general rule I suggest delaying until age 70.