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Social Security: How You Could Earn $50,328 Per Year In Benefits


Saving for retirement isn't easy, and Social Security can go a long way toward bridging the gap between what you have saved and what you need to retire comfortably.

The average retiree collects just under $1,700 per month in benefits, according to the Social Security Administration. That amounts to roughly $20,000 per year.

However, the maximum you can collect in benefits is $4,194 per month -- or $50,328 per year. While few workers will be able to meet all the requirements for the max benefit amount, there's no harm in trying to get as close as you can. Here's what you'll need to do.

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Source Fool.com


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