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As of the latest data (December 2023), the average 70-year-old retired worker receives a Social Security benefit of $2,037.54 per month, or about $24,450 per year.
For premium support please call: ... Average Social Security benefit by age. At age 70, the average benefit among retired workers is $2,037.54 per month, according to December 2023 data from the ...
Lastly, about 3.01 million retired workers who were 70 years old in December 2023 collected an average Social Security check totaling $2,037.54. In short, retired workers at age 70 received 57% ...
The simple answer is that the average 70-year-old retired worker gets $2,037.54 per month, or about $24,450 per year, from Social Security, according to the 2024 Social Security Statistical ...
A separate analysis from the Center on Budget and Policy Priorities found that the poverty rate for adults aged 65 and above would be nearly four times higher if Social Security didn't exist -- 10 ...
The average monthly Social Security retirement age for those aged 70 at the end of 2023 was about $2,038, or close to $24,500 annually. That's clearly better than $1,919, but not by a lot.
Know, though, that the average benefit for those aged 70 was $1,963 as of December 2022, as per the most recent data provided by the Social Security Administration. That's about $23,500 per year ...
The average 70-year-old collecting Social Security received $1,963.48 in December 2022, according to the most recent data provided by the Social Security Administration.