We know that everyone’s Social Security benefit is unique to their circumstances. But have you ever wondered how these numbers line up?
There are many ways to quantify and compare the payments of this program. But one way to level the playing field and provide a fair comparison is to go by age, or age group.
This piece by the Motley Fool offers some valuable insights. For example, the average monthly benefit for retirees aged 63 is $1,343.63.
Check out the chart and see where you stand. Are you higher or lower than average? Are the numbers about what you thought they’d be? Let us know in the comments.
