Want the Maximum $5,108 Per Month Social Security Benefit? Here's the Salary You'd Need
You'll also need patience, persistence, and some good timing if you want the max benefit this year.
Most people know that their Social Security income in retirement will be based on how much they earned during their career. All things being equal, the more you earn, the bigger your monthly retirement checks will be. There is, however, a maximum amount anyone can receive each month from Social Security.
Reaching that maximum possible benefit requires a combination of a long, high-paying career, patience, persistence, and good timing. Only a handful of people will qualify each year. If you want to join them, you'll need to plan years in advance, and put yourself on the right trajectory.
It all starts with earning a high salary, though.
