Average Social Security Benefits in 2022
Maurie Backman explains the average Social Security benefit per person and per couple as well as why one might care about those figures. Of course any one person’s or couple’s monthly amount is dictated by lifetime earnings and whether and for long they delayed benefits past 62. After the 5.9% cost of living adjustment is applied on January 1, 2022 the average individual monthly Social Security benefit will be $1,657. The average senior couple on Social Security will receive $2,753 per month. Full article here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.