Is Now the Time to Collect Social Security? 5 Green Lights to Watch For.
Social Security is big business, and crucial to many Americans, sending out more than $113 billion each month to more than 66 million beneficiaries.
The average total retirement benefit going to a retired couple age 62 or older was $2,952 as of June, providing about $35,400 in annual income. The average retirement benefit per person was recently $1,828 as of June, totaling around $22,000 on an annual basis.
It might not be as much as you'd want, but it can still make a difference between a financially precarious retirement or a manageable one.
Source Fool.com
