This Is the Average Social Security Benefit From Age 62 to 99
Do you know how much you're going to collect in Social Security? Check out these averages to see what the typical retiree collects.
Overview
When you make your retirement plan, you'll almost definitely include Social Security as an income source. The majority of retirees collect Social Security and depend on benefits to help cover the bills.
Unfortunately, despite its importance, Social Security has some big limitations. Most notably, it was designed to be part of a three-legged stool that supports you along with retirement savings and a pension. Because it's supposed to provide some but not all of your income, benefits may be lower than you'd anticipate.
Details
Taking a look at average benefits offers insight into what Social Security can actually do for you, so let's see what seniors are collecting from 62 to 99.
Source
Originally published at www.fool.com.