Social Security and the poverty line

Published September 29, 2022 12:00am ET



Living off Social Security alone, the financial website Motley Fool warns, “your income would be barely above the poverty level.” Georgetown University retirement policy expert Angela Antonelli agrees, telling CNBC the average Social Security benefit “doesn’t put you much above the poverty level.” That’s a widely held view, and seemingly buttresses progressive calls to expand Social Security across the board.

And yet, the data tell a very different story.

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