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The current average income for American households is approximately $56,000 per year. According to the reading
assignment, Social Security benefits replace approximately 40% of your pre-retirement earnings. Calculate the expected SS monthly benefit
for the average American family.

Respuesta :

Answer:it was c

Explanation:

Expected Monthly Benefit is $1866.67

Given that;

Current average income for American households = $56,000

Social Security benefits = 40% of pre-retirement earnings

Find:

Expected Monthly Benefit

Computation:

Expected Monthly Benefit = [Current Average Income × Replacement] / 12  

Expected Monthly Benefit = [56000 × 40%] / 12  

Expected Monthly Benefit = $1866.67

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