How Much Do You Get a Month for Social Security? Here's a Breakdown of Average Retired-Worker Benefits From Ages 62 Through 99
For more than eight decades, Social Security has laid down a financial foundation for aging workers who could no longer provide for themselves. Based on an analysis from the Center on Budget and Policy Priorities, the program lifted 22.7 million people above the federal poverty line in 2022, including 16.5 million adults aged 65 and over.
Yet, the interesting thing about America's top retirement program is that the average monthly payout tends to be fairly modest.
What you get each month from Social Security depends largely on variables unique to you. Let's briefly walk through the factors responsible for determining your monthly Social Security check and take a comprehensive look at the average monthly Social Security benefit by age.
Source Fool.com
