Here's the Average Social Security Benefit for Men and Women at Ages 62 to 70

The Social Security Administration says retirement benefits typically replace about 40% of pre-retirement income, but the precise payout depends on several variables. Understanding those variables can help workers and retired workers alike score a bigger benefit.

Read on to see the average Social Security benefit for retired men and women at ages 62 through 70, and to learn how lifetime earnings, work history, and claiming age impact the payout.

Image source: Getty Images.

Continue reading


Source Fool.com