This Is the Average Social Security Benefit for Age 65

When planning for retirement, it's a good idea to think about how much money you'll need, and also how much you'll realistically be able to save. While it can be hard to know what your retirement fund will look like, given that you may take multiple jobs with different benefit packages throughout your career, there is a lot of available data on Social Security, which could be a key part of your retirement savings.Social Security benefits vary by the age you retire, and there's an annual cost-of-living adjustment, so benefits now are likely lower than they'll be when you'll retire. But you can factor in these assumptions once you have a good starting point. Here's the average Social Security benefit at age 65.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool