How much you can expect to get from Social Security if you make $50,000 a year
September 13, 2019 at 12:21 PM EDT
The first monthly Social Security check was cashed in 1940 for a grand total of about $23. Fast forward to 2019 and the average retired worker gets almost $1,500 a month from Social Security. How much you get back is based on your income, the year you were born and the age you decide to start taking money out. So what if you earn a $50,000 salary? Here's how your monthly benefit amount is calculated, and how much you can expect when you retire.