Have you ever wondered how much the average Social Security beneficiary receives?

To answer this question, you have to be specific about what type of beneficiary you’re talking about. The program is designed to provide support to many groups. This includes retired workers, survivors of retired workers, and the disabled.

This chart by Oliver Povey sums it up nicely. The chart details the percentage each category accounts for in total payouts. It also provides the average monthly benefit for each.

As we’d expect, retirement benefits top the list. They account for 77.6 percent of total payouts, with the average payment totaling $1,630.93.

What are your thoughts on this awesome chart? Let us know, then follow NORA on Facebook and Twitter for more Social Security content like this.