Why a $4,194 Monthly Social Security Benefit May Not Be Enough
In 2022, some seniors are receiving a $4,194 monthly Social Security benefit, the maximum available. But not many. According to the Social Security Administration, the average monthly benefit for retirees in 2022 is $1,623.
The maximum Social Security benefit might sound like a huge amount, but even if you are getting this much, chances are it's not nearly enough to make ends meet.
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Source Fool.com