This Is the Average Social Security Benefit for Age 70

For 90 years, Social Security has provided millions of Americans with a financial lifeline in retirement, helping to keep many Americans above the poverty line. That’s why deciding when you want to claim benefits is such a crucial decision because it permanently affects how much you’ll be receiving in monthly benefits.As of the end of 2024, the average monthly benefit for someone aged 70 was $2,148.12, or approximately $25,777 annually. For men, the average benefit at that age is $2,389.95, and for women, it’s $1,909.42 (the difference is due to the disparity in lifetime earnings).Continue readinghttps://www.fool.com/retirement/2025/09/01/this-is-the-average-social-security-benefit-for-ag/

more insights

Marius Grobler is an authorised representative and Key Individual of Trive South Africa (Pty) Ltd FSP 27231. 
The content on this webiste should not be considered as advice.
© Marius Grobler 2025. All rights reserved. Powered by Social Revolution