In 2023, the maximum monthly Social Security retirement income is $4,555, but it will likely be difficult to obtain.
In January, the average benefit for retired workers was only $1,779.16. There are two factors that keep the average payout so far below the maximum: the average person’s career earnings and the average age of retirement benefit claimants.
How To Receive Maximum Social Security Benefits?
If you want to get the maximum, inflation-adjusted $4,555 monthly benefit from Social Security during your retirement, you must complete the following three things.
Work Minimum Of 35 Years
While determining your monthly payment, the Social Security Administration takes into account your 35 highest-paid years of work.