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What is an average retiree Social Security benefit?

In this USA Today piece, Maurie Backman of The Motley Fool notes that as of July 2024, the average retired worker on Social Security was getting $1,919 per month. That equates to a bit over $23,000 annually in benefits. Backman notes that having a full 35 year work record and waiting longer, perhaps to age 70, is the pathway to a bigger monthly check. Those desiring to work to supplement their benefit must beware of the earnings limit if under full retirement age (now 67). Full article here.

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