This Is the Average Social Security Benefit for Age 65

Social Security has just turned 90, and it's a vital program, lifting some 22 million people above the poverty line, per the Center on Budget and Policy Priorities. An eye-opening 56% of respondents in the 2025 Nationwide Retirement Institute's Social Security Survey say they wouldn't survive financially if they missed half of a Social Security payment.So what are these benefits, exactly? Well, the overall average monthly Social Security benefit for retirees was $2,007 as of July -- about $24,000 per year. Below are average monthly Social Security benefits for those who are 65 or other ages, as of the end of last year.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool