This Is the Average Social Security Benefit for Age 65
According to the most recent Social Security statistical supplement, which is based on December 2022 benefits, the average Social Security Benefit for a 65-year-old retired worker is $1,504.98 per month, or about $18,060 per year.
It's worth noting that a 3.2% cost-of-living adjustment, or COLA, was given starting with December 2023 benefits. So, the current average for a 65-year-old will likely be about $1,553 per month after accounting for that increase.
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Source Fool.com
