Will You Qualify for Social Security's Biggest Paycheck of $5,108 in 2025?
The most someone who retires in 2025 can possibly get from Social Security retirement benefits is $5,108 per month. That is more than $61,000 per year in inflation-protected income, which can certainly be more than enough for a retiree to live on.Unfortunately, very few people get the maximum, as it requires somewhat of a perfect storm of factors. If you're curious about what it would take to max out Social Security when you're ready to retire, here are the three things that you'll need to do.This is the box that most retirees can check. The Social Security formula takes your highest 35 years of earnings into account when calculating your benefit. If you've worked for fewer than 35 years, zeros will be used in the calculation for the missing years, and therefore it's mathematically impossible to get the maximum Social Security benefit.Continue reading
The most someone who retires in 2025 can possibly get from Social Security retirement benefits is $5,108 per month. That is more than $61,000 per year in inflation-protected income, which can certainly be more than enough for a retiree to live on.
Unfortunately, very few people get the maximum, as it requires somewhat of a perfect storm of factors. If you're curious about what it would take to max out Social Security when you're ready to retire, here are the three things that you'll need to do.
This is the box that most retirees can check. The Social Security formula takes your highest 35 years of earnings into account when calculating your benefit. If you've worked for fewer than 35 years, zeros will be used in the calculation for the missing years, and therefore it's mathematically impossible to get the maximum Social Security benefit.
