3 No-Brainer Ways to Beat the Average $1,663 Social Security Benefit
The average senior claiming Social Security benefits in February 2022 received $1,663 per month. That amounts to just under $20,000 per year. While it's no small sum, it's probably not going to cover all of your retirement expenses. Fortunately, there are ways to squeeze a little more out of the program. The following three moves can boost your Social Security benefit considerably.
Your Social Security benefit is based on your average monthly income during your 35 highest-earning years, adjusted for inflation. So anything you can do right now to raise this average will also help your checks later.
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Source Fool.com