3 Steps to Claiming the $3,895 Max Social Security Benefit

The average monthly Social Security retirement benefit was recently $1,560 -- or about $18,720 per year. If you're thinking that's far from the income you'll need and want in retirement, you're not alone.

Fortunately, that's just the average, and millions of beneficiaries collect more than that -- though often not that much more. For those retiring in 2021, the maximum monthly benefit is $3,895 -- going up to $4,194 for 2022. Here's a look at how you might get that maximum payout, and what to do if you can't.

Image source: Getty Images.

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Source Fool.com