This Is the Average Social Security Benefit for Age 66

If you've started your retirement planning, good for you! It's smart to do, even if retirement is a few decades away because part of the process is figuring out how much income you'll likely need in retirement and how you'll get it. One key retirement income component for most people is Social Security.How much can you expect to receive from Social Security? The answer is different for each person, and much depends on how much you earned during your working life and when you claim benefits. Claiming early will result in smaller checks but many more of them, while delaying (until age 70) will make your checks bigger.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool