Why the $4,194 Max Social Security Benefit Is a Fantasy
Social Security doesn't pay all seniors the same retirement benefit every month. Rather, the benefit you're entitled to is calculated based on your personal earnings history.
This year, the maximum monthly amount you can receive from Social Security is $4,194. Most seniors, however, receive significantly less. And unless you happen to be a very high earner, you can probably write off the idea of collecting $4,194 yourself.
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Source Fool.com
