Here’s the Average Social Security Benefit at Ages 62 to 80
Social Security is supplemental income for the vast majority of retirees. The monthly amount you collect depends heavily on the age you choose to start your benefits.
The Social Security Administration (SSA) bases your benefit on an average of your wages across your 35 highest-earning years, which are adjusted for inflation and run through a specific formula to determine your checks.
Image source: Getty Images.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.