Here's the Average Social Security Benefit at Ages 62, 66, and 70
Regardless of whether you're retired or just entering the labor force, there's a high likelihood that Social Security income will be needed, in some capacity, to help cover your expenses in your golden years.
For more than two decades, national pollster Gallup has been surveying retirees and non-retirees to assess their current or expected reliance on Social Security as an income source during retirement. Between 80% and 90% of current retirees count on their monthly checks to some degree to make ends meet. Meanwhile, between 76% and 88% of non-retirees believe they'll need their Social Security payout in some capacity when they hang up their proverbial work coat for good.
In other words, getting as much as possible out of Social Security isn't just a daydream for most Americans -- it's a necessity, given the current and expected reliance on income from this program.
Source Fool.com
