Well, consider that it supplies about 30% or more of elderly Americans' retirement income, with 37% of men and 42% of women getting 50% or more of their income. Recently, the average monthly Social Security benefit was $1,559 -- or about $18,700 per year. To get an idea of how much Social Security income you have coming to you, head over to the Social Security Administration (SSA) website, and set up a "my Social Security" account.
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