Did you know that it is possible to get nearly $4,900 per month from Social Security? While this is a high level of inflation-protected income, it isn't terribly common to see such a high benefit. Here are the three things that must be true for you to max out Social Security.
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It's possible to get more than $58,000 per year from Social Security, but it isn't very common.
About the Author
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst and personal finance expert covering financial stocks, REITs, SPACs, and personal finance. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, The National Desk, and other TV networks and publications for his financial, stock market, and investing expertise.