Want the Maximum $4,555 Social Security Monthly Benefit? 4 Things to Do Before Retirement
In 2023, the maximum monthly Social Security benefit for retirees is $4,555. While the Social Security Administration doesn't make figures readily available that show how many people actually receive this amount, suffice it to say that squeezing $4,555 a month out of Social Security would put you in an ultra-elite status. As of July, the average monthly benefit for retired workers was just $1,838.
If you're hoping to score Social Security's biggest benefit someday -- or you simply want to maximize your Social Security benefit -- you'll need to start planning long before retirement. Here are four things to do while you're still working.
Image source: Getty Images.
Source Fool.com
