Here's Exactly How to Boost Your Monthly Social Security Payout

Here's a little wake-up call: The average monthly Social Security retirement benefit is just $1,833, as of March 2023. Over the course of a year, that amounts to about $22,000. That probably doesn't look like it will support a comfortable retirement -- and for most folks, it won't.

So what should you do with that information? Two things: Have a solid retirement plan that will set you up to receive additional income in retirement, and aim to increase your Social Security benefits as much as you can. Here's a look at three ways to increase your benefits.

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Source Fool.com