Submitted by tom on
The average Social Security benefit is about $14,000 per year.
This is according to Wall Street Journal columnist Brett Arends who--as usual--wrote an interesting piece in today's Journal.
The story can be viewed by clicking here (subscription required).
The article discusses Social Security in the context of the recent tax deal that cuts payroll taxes for a year and subsequently affects the viability of Social Security.
It's a great read with useful comparisons of Social Security and private immediate annuities.
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