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Why the $4,555 Max Social Security Benefit Is a Fantasy


Social Security's maximum monthly benefit in 2023 is $4,555, which works out to $54,660 a year. But if you're hoping to collect the maximum Social Security benefit someday, I've got bad news for you: You probably won't qualify.

There are certainly tried-and-true strategies you can use to maximize your Social Security. But for the overwhelming majority of people, the maximum Social Security check is pure fantasy. Here's why.

Image source: Getty Images.

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Source Fool.com


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