You’ve spent a lifetime contributing money to Social Security, so it’s fair to wonder how much you’ll collect when you retire. I won’t keep you in suspense. The average person collecting Social Security is pocketing $1,553.68 per month in 2021, according to the Social Security Administration (SSA).
That may or may not sound like a lot. Social Security income depends on a lot of things, so you could be in store for a much bigger or smaller payday when you retire.