This Was the Average Social Security Benefit in 1974, and Here's What It Is Now

Every year, more than 5 million people start receiving Social Security benefits, and one of these days, you -- and I -- will join their ranks. (Perhaps you're already receiving them!) It's reasonable, then, to be wondering just how much you can expect. You might even be wondering what benefits used to look like. Read on, for some answers.Image source: Getty Images.Let's start with current benefits. As of November, the average monthly Social Security retirement benefit was $1,925, or about $23,000 annually. If that seems surprisingly low, know these things:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool