Are You Earning the Average Social Security Benefit for Your Age?
Comparing your retirement income to other peoples' income in retirement isn't always a fruitful exercise. After all, there's little that can be done about the numbers at that point. You may only end up frustrating yourself.
Still, perhaps there's some value in such an exercise, if only to know that you're not alone in being budget-minded.
With that as the backdrop, here's a rundown of how much retirees are collecting in Social Security benefits every month right now, broken down by age. Just keep in mind that these numbers will all be going up a bit in 2024, as the Social Security Administration adjusts for 2023's inflation.
Source Fool.com
