This Was the Average Social Security Benefit in 1964, and Here's What It Is Now

The year 1964 was momentous. It's the year that the youngest baby boomers were born, for one thing. (The oldest were born in 1946.) Other events: President Johnson signed the Civil Rights Act of 1964, the Ford Mustang was launched, the Beatles debuted in the U.S. on The Ed Sullivan Show, and Dr. Strangelove or: How I Learned to Stop Worrying and Love the Bomb opened in theaters across the country.Image source: Getty Images.That was roughly 60 years ago, and a lot has changed since then. Prices, for example. In 1964, you could buy a house for $13,000, and a gallon of gas cost $0.25, per Reference.com. Median annual household income at the time was $6,569.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool