That could be much less depending on your work record and when you claim your benefit; if you don’t wait until your full retirement age of 67, your benefit will be permanently reduced.As of August 2025, the average Social Security retirement benefit for a retired worker was $2,008 per month. That’s just$24,000 a year. (3)So there’s a legitimate reason for working Americans to be concerned. Regardless, even if a solution is found and benefits aren’t slashed, the average Social Security retirement benefit ri ...