All Social Security Retirees Should Do This on Oct. 14
Be sure to mark the date on your calendar.
Overview
Even if you have a nice chunk of money saved, you may depend pretty heavily on Social Security to cover your living expenses in retirement. And if you don't have much or any savings, those monthly benefits may be crucial to your financial survival.
Of course, living on just Social Security can be challenging. As of April 2026, the average monthly retirement benefit was just $2,081. On an annual basis, that's just shy of $25,000.
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Details
Source
Originally published at www.fool.com.
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