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Social Security forms a critical part of most seniors’ retirement plans, and for some, it’s the entire thing. Roughly 12% of men and 15% of women 65 and older rely upon Social Security for at least 90% of their income. So it’s no wonder that people are so interested in how far their Social Security benefits will go in retirement.
The answer depends on the size of your checks and the number of years you claim them. Below, we’ll take a look at what the average Social Security beneficiary might get over a 20-year retirement.
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