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Retirement Planning > Social Security

Impact of Social Security

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  • 23% — Percentage of seniors who depend on Social Security for at least 90 percent of their income.
  • $1,056 — Average monthly benefit from Social Security.
  • 56% — Percentage of Social Security recipients who are women.
  • 2017 — Year in which Social Security trust fund revenues are expected to stop growing.
  • 51 million — Number of people who received some kind of Social Security benefit in 2008.

Source: AARP