I won't keep you in suspense. The average 69-year-old retired worker gets $1,945.18 per month from their Social Security benefits. This is an overall average of the roughly 2.9 million people who collect Social Security retirement benefits who are 69 years old now.

In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security report. The report predicts continuing increases in life expectancy, which translates into even more years that beneficiaries will receive Social Security checks.

Social Security recipients are getting a cost-of-living adjustment, starting this month, but that’s not the only change to the nation’s retirement system.

A half-dozen changes, concerning everything from Social Security checks to the payroll tax select workers will owe, are now in effect.

The Social Security Administration (SSA) is set to begin distributing the first round of monthly benefits for the year 2025. Nearly 73 million beneficiaries, including retired workers, survivors, and recipients of Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI),

What You Need to Know to Maximize Your Benefits Social Security is a critical component of retirement planning for many Americans. Whether you’re approaching retirement, managing benefits for a spouse,