Here's the Average Monthly Social Security Benefit for Retired Workers, Survivors, and the Disabled
Whether you realize it or not, the income provided by Social Security is leaned upon heavily by our nation's retired workforce. Data from the Social Security Administration (SSA) has shown that 61% of retired workers rely on their monthly check for at least half of their monthly income -- and without this income, the poverty rate for seniors would be considerably higher than it is now.
However, Social Security is about more than just making payments to retired workers, even if 68% of the program's more than 61 million monthly beneficiaries are retired workers. Social Security also provides protections for the families of retired workers, the disabled, and qualified survivors of eligible beneficiaries who've passed away.
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Source: Fool.com
