This Is the Average Social Security Benefit for Age 62

According to the Social Security Administration (SSA), the Social Security program will pay out around $1.6 trillion in benefits to roughly 72 million beneficiaries this year. The bulk of these beneficiaries will receive retired workers' benefits, with the number coming in close to 56 million as of the end of July.Although the amount of these benefits will vary widely between recipients, it helps to get an idea of the average benefit at different ages to better plan how Social Security will fit into your retirement income strategy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool