Want the Max $4,194 Social Security Benefit? Here's the Salary You Need

If you're planning to rely mostly on Social Security in retirement, you might want to rethink your plan. The average monthly retirement benefit was recently just $1,666 -- or about $20,000 on an annual basis -- and that's probably not the kind of income you were envisioning for yourself. (Note, too, that it's an average, meaning that millions of people collect less.)

Some people are collecting the maximum monthly checks of $4,194, though, totaling more than $50,000 over a year. If you want to know how to be one of them, read on.

Image source: Getty Images.

Continue reading

Source Fool.com