Here's the Average Social Security Benefit for Retirees by State

Social Security is an important source of income for millions of retired Americans. In fact, nearly 90% of retirees say they depend on Social Security benefits to some extent, and more than 40% of workers nearing retirement expect Social Security to be their largest source of income, according to surveys from Gallup and MassMutual.

Those statistics make it important for current and future retirees to understand which factors impact their benefit income. For instance, the average retiree in Connecticut received about $3,983 more in benefits last year as compared to the average retiree in Mississippi.

But don't think that by moving from Mississippi to Connecticut, you can get that boost to your Social Security. Your state of residence does not directly impact Social Security payouts. Read on to see the average retired-worker benefit in all 50 states, and to learn why retirees in certain states receive more income from Social Security.

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Source Fool.com