This Is the Average Social Security Benefit for Age 70

Few U.S. social programs provide as valuable a financial lifeline as Social Security retirement benefits. According to a recent study by The Senior Citizens League, roughly 21.8 million retirees rely on Social Security for all of their income.Given its importance, it's normal for people to wonder how much they can expect in Social Security benefits. Although the amounts vary widely, having an idea of the average benefits can help with retirement finance planning.The average retired-worker benefit for someone age 70 is currently $2,037.54. The benefits for men and women differ, at $2,257.32 and $1,815.55, respectively.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool