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Here's the Highest Social Security Benefit You Can Collect Today


The amount of money you collect in Social Security will depend on a number of factors. Those include your lifetime earnings and the age at which you decide to sign up for benefits.

Still, it may help you to know that if you're filing for Social Security this year, the maximum benefit you can collect is $3,895 a month. That translates into $46,740 in annual income, which could make for a pretty comfortable lifestyle, especially if you're able to supplement your benefits with withdrawals from retirement savings.

But most people who claim Social Security this year won't be eligible for the maximum benefit. In fact, the maximum benefit is really hard to get, no matter when you're set to retire.

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Source Fool.com


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