This Is the Average Social Security Benefit for Age 69
According to the latest estimates, the U.S. population is about 340 million. As of the end of 2024, more than 51.7 million Americans received Social Security retirement benefits, representing over 15% of the population.So, needless to say, Social Security plays a pivotal role in the U.S. retirement system and economy. And given its importance in many people's retirement finances, it's helpful to get a sense of how much you could be receiving.The average monthly benefit for Social Security recipients at the end of 2024 was $1,925. For recipients aged 69, the average monthly benefit is slightly higher at $1,945.Continue reading
According to the latest estimates, the U.S. population is about 340 million. As of the end of 2024, more than 51.7 million Americans received Social Security retirement benefits, representing over 15% of the population.
So, needless to say, Social Security plays a pivotal role in the U.S. retirement system and economy. And given its importance in many people's retirement finances, it's helpful to get a sense of how much you could be receiving.
The average monthly benefit for Social Security recipients at the end of 2024 was $1,925. For recipients aged 69, the average monthly benefit is slightly higher at $1,945.
