Social Security is a very important source of income for many U.S. seniors. It's helpful to understand just how much it pays older Americans who may rely on it to help them pay for the necessities.

The Social Security Administration publishes data on the amount it pays out to its beneficiaries, so it's easy to see how much retirees are earning. When you take a look at the numbers, though, they may come as a shock since the amount the average retiree gets each month may be far lower than many would expect.

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Source Fool.com