Average Social Security Benefits for 65-Year-Olds

Reported 14 days ago

As retirement approaches, many wonder about Social Security income. As of September 2024, the average monthly benefit for all ages is $1,922, while a 65-year-old receives about $1,563 monthly, totaling approximately $18,750 annually. Strategies like delaying benefits and increasing income can enhance future payouts, and it's essential to explore multiple retirement income streams for financial security.

Source: YAHOO

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