This Is the Average Social Security Benefit at Age 72

Retirement income looks different for everyone, but one thing that's common for tens of millions of Americans is Social Security.The role Social Security retirement benefits play in someone's retirement finances will vary, but many people will tell you just how valuable Social Security is to their livelihood. That's why it's valuable to have a sense of how much you may receive, so you can begin planning your retirement finances accordingly.The exact amount of someone's Social Security benefits will vary based on their earnings record and claiming age, but knowing the average benefit at certain ages is helpful for planning. For 72-year-old Social Security recipients, the average monthly benefit (as of this writing) is $1,915.61.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool