Try These 4 No-Brainers to Beat the Average $1,827 Social Security Benefit
Surviving on $21,924 a year is tough, but that's the reality if Social Security is your only source of income. In January 2023, the average benefit is $1,827 per month -- and that's after you account for the year's unusually high 8.7% cost-of-living adjustment (COLA).
Social Security benefits aren't meant to be the sole source of money in retirement. But about a quarter of retirement-age people rely on Social Security for at least 90% of their income. Whether you're counting primarily on Social Security to fund your golden years or you have investments and other resources, your retirement will be a lot more relaxing if you can squeeze more out of those monthly checks. Here are four no-brainers to try if you want to beat the average $1,827 Social Security check.
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Source Fool.com
