The average payout for Social Security isn't enough to secure your future -- and is expected to get even smaller by 2034.

The way annuities affect Social Security benefits may surprise you. Here's how they interact and what to watch for.

Married couples have a prime opportunity to work together and maximize their Social Security benefits. Don't be too quick to ...

Lots of changes in store for Social Security recipients as more people rely on a system that's operating above capacity. Full ...

The bigger picture is that it will change how much you can spend, and thus, what you can do in retirement without running out of money. We rely on planning software to figure that new number out ...

Here's a breakdown of the average Social Security retirement benefit by age. ... But when examining the big picture, age 70 is a superior claiming age.

Potential changes in Social Security benefits could impact millions of Americans 02:37. Gen X, meanwhile, is also shaping up to hit retirement without enough saved for their golden years.

Financial advisers suggest workers aim to save as much as 10 times their annual income to supplement Social Security in retirement.. But most Americans don’t save nearly that much. In the 65-to ...

For instance, if you retired and filed for Social Security this year at "full retirement age," your maximum benefit would be $4,018, according to the Social Security Administration website.But let ...

When you're set to apply for Social Security benefits, go to https://ssa.gov/apply. You'll be prompted to create a My Social Security account if you haven't created one already. It's easy.

For the record: 12:54 p.m. Dec. 24, 2024 A previous version of this article and headline implied that the full retirement age for collecting Social Security is increasing in 2025 for everyone. In ...

For starters, the average Social Security benefit amount in January 2024 was $1,907 per month, according to the SSA, with a maximum benefit (for those who retire at full retirement age) of $3,822.