Social Security: Here's How Much the Average Married Couple Receives in Benefits
Social Security can make or break retirement for millions of older adults. More than 40% of baby boomers say that their benefits will be their primary source of retirement income, according to a 2023 report from the Transamerica Center for Retirement Studies.
While Social Security isn't designed to be a sole source of income in retirement, it can go a long way toward making your senior years more affordable. It's wise, then, to ensure you're squeezing every penny out of your benefits.
If you're married, you could be entitled to extra payments each month in the form of spousal benefits. Not everyone will qualify for spousal benefits, but if you're eligible for this special type of Social Security, you could receive hundreds of dollars more per month. Here's exactly how much the average married couple collects each month.
Source Fool.com
