While having significant assets is important, retirees need to be able to access their funds to generate a regular income. Cash flow can come from many income sources, including Social Security benefits. According to the Social Security Administration, the average monthly Social Security retirement ...
Social Security offers a monthly benefit check to many kinds of recipients. As of February 2025, the average check is $1,839.83, according to theSocial Security Administration— but that amount can differ dramatically depending on the type of recipient. In fact, retirees typically make more than...
As a country, this makes us pretty well off. The average family can own a paid-off house worth $235K, and still have $545K which, for retirees, can provide over $20K per year income. Combine this with another $20K in social security, for a couple, and the numbers still look good....