How important is Social Security
to Your Retirement?
Take a Look at two sources of Retirees’ Income
|
Year Retired |
Average Pension Allowance |
Monthly Pension Check |
Average Monthly Social Security Benefit |
Percent of Monthly Income Made up from Social Security |
|
2010 |
$ 28,189.00 |
$ 2,349.08 |
$ 1,177.00 |
33% |
|
2009 |
$ 26,320.00 |
$ 2,193.33 |
$ 1,177.00 |
35% |
|
2008 |
$ 26,262.00 |
$ 2,188.50 |
$ 1,177.00 |
35% |
|
2007 |
$ 24,492.00 |
$ 2,041.00 |
$ 1,177.00 |
37% |
|
2006 |
$ 22,197.00 |
$ 1,849.75 |
$ 1,177.00 |
39% |
|
2005 |
$ 21,486.00 |
$ 1,790.50 |
$ 1,177.00 |
40% |
|
2004 |
$ 19,464.00 |
$ 1,622.00 |
$ 1,177.00 |
42% |
|
2003 |
$ 28,286.00 |
$ 2,357.17 |
$ 1,177.00 |
33% |
|
2002 |
$ 19,862.00 |
$ 1,655.17 |
$ 1,177.00 |
42% |
|
2001 |
$ 21,972.00 |
$ 1,831.00 |
$ 1,177.00 |
39% |
|
2000 |
$ 18,524.00 |
$ 1,543.67 |
$ 1,177.00 |
43% |