Average Social Security Benefits for Age 66

Reported 10 months ago

As you plan for retirement, understanding Social Security benefits is crucial. At age 66, the average monthly Social Security benefit is $1,740, varying by gender, with men receiving about $1,936 and women $1,553. Your ultimate benefit depends on your earnings during your working life and when you choose to start collecting. Delaying until age 70 can increase your benefits significantly. For a better estimate based on your personal earnings, it's advisable to create an account on the Social Security Administration's website.

Source: YAHOO

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