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Here's the Average Social Security Check for All 67 Million Beneficiaries in 2024


Every year since 2002, national pollster Gallup has surveyed retirees to gauge their reliance on Social Security income. In all 22 surveys, between 80% and 90% of then-current retirees noted that they lean on their monthly payout to cover at least some portion of their expenses.

Considering how important Social Security is to the financial well-being our nation's aging workforce, workers with disabilities, and survivor beneficiaries, there's arguably no event more widely anticipated each year than October announcement of the cost-of-living adjustment (COLA).

Image source: Getty Images.

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Source Fool.com


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