3 Steps to Collect the Max Monthly Social Security Check in Retirement
If you know anyone on Social Security, you may have heard them complain that their checks don't go far enough. While the average monthly benefit has now climbed to nearly $2,000, that's still well below what the average senior household spends. Yet there are some retirees that could live pretty well off Social Security if they wanted to.The maximum monthly check is $5,108, which adds up to an annual benefit of over $61,000. This number continues to rise every year, and there are actually only three criteria you have to meet -- but only a few ever pull it off.Image source: Getty Images.Continue reading
If you know anyone on Social Security, you may have heard them complain that their checks don't go far enough. While the average monthly benefit has now climbed to nearly $2,000, that's still well below what the average senior household spends. Yet there are some retirees that could live pretty well off Social Security if they wanted to.
The maximum monthly check is $5,108, which adds up to an annual benefit of over $61,000. This number continues to rise every year, and there are actually only three criteria you have to meet -- but only a few ever pull it off.
Image source: Getty Images.
