Ardeen Lucille

Social Security Income Limit 2024 Age 62. About half of all retirees age 65 and older rely on social security for the majority of their income, according to data reviewed by the social security administration. It’s $4,873 per month if retiring at 70 and $2,710 for retirement at 62.

About half of all retirees age 65 and older rely on social security for the majority of their income, according to data reviewed by the social security administration. There is a special rule that applies to earnings for 1 year, usually the first year of retirement.