Looking Back at Social Security Payments in 2023

Looking back at Social Security payments of 2023 can help current and future retirees in multiple ways.

It can help you gain perspective on how much you can expect from this program when you need it. It can show how the COLA has changed payments. It may also motivate you to help us protect Social Security.

This great article from Christy Bieber of The Motley Fool by way of Yahoo Finance provides some interesting data. The article points out that a low earner could make around $1,200 a month while a high earner could make more than double that. These numbers are different in 2024, and different for everyone based on their income and other factors.

Do you think this data from 2023 bodes well for the future of retirement? Share your thoughts, then follow us on Facebook and Twitter.