Why the $4,194 Max Social Security Benefit Is a Fantasy

Beginning in 2022, the Social Security Administration (SSA) started sending out a small number of monthly checks for $4,194 to a select group of recipients. That $4,194 total is the largest monthly payment those receiving Social Security benefits can qualify for. It's also a payment that has so many difficult qualification thresholds built into it that you probably have a better chance of financing your retirement with lottery winnings than being one of the recipients.

But why is a $4,194 Social Security retirement benefit so difficult for the vast majority of Americans to attain? There are multiple reasons, but two main ones provide most of the explanation.

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Source Fool.com