Here's the Average Social Security Benefit in 2021

Sean Williams, The Motley Fool
·5 min read
Here's the Average Social Security Benefit in 2021
Here's the Average Social Security Benefit in 2021

For tens of millions of Americans, there isn't a program that bears more importance to their financial well-being than Social Security. According to the Social Security Administration (SSA), 62% of current retirees lean on the program to account for at least half their monthly income. Additionally, more than 15 million retired workers are pulled out of poverty every month as a result of their guaranteed payout, based on an analysis from the Center on Budget and Policy Priorities.