The average retired worker gets about $1,930 per month from Social Security, but there's a big difference in the benefits paid to retirees of different ages. In this video, Certified Financial Planner® Matt Frankel breaks down the average benefits by age for all retired workers, as well as for those who started collecting benefits early or late.
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Here's the Average Social Security Benefit for Ages 62, 65, 67, and 70
You might be surprised the difference age makes in Social Security benefits.
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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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