What Is The Average Social Security Payout?
Here are some Social Security numbers I recently ran across that I found interesting. The figures are from the current information available as of October, 2010:
The average retired worker receives $1,172 in monthly Social Security retirement benefits, and the average couple receives $1,892. The average disabled worker receives $1,066 in Social Security disability benefits each month, and this amount increases to $1,803 for a disabled worker with a spouse and child.
The average widow or widower receives a total of $1,106 in Social Security survivor benefits per month, whereas a younger widow or widower with two children receives an average monthly benefit of $2,391.
Each month, over 34 million people receive Social Security retirement benefits, and over 4 million are receiving survivor’s benefits as a widow or widower. Over 8 million people are receiving disability benefits from the Social Security system each month, as well.