The typical six-figure earner should collect around$2,000 or more per monthfrom Social Security, depending on a variety of factors. The maximum possible monthly benefit is nearly twice that amount, though only a handful of retirees will be eligible to receive that amount.
People also ask
How much can you receive in Social Security retirement benefits?
According to the AARP, the maximum monthly Social Security benefit that an individual who files a claim for Social Security retirement benefits in 2019 can receive per month is: $3,770 for someone who files at age 70. $2,861 for someone who files at full retirement age (currently 66). $2,209 for someone who files at 62.
How much will you get in Social Security benefits in 2021?
The maximum benefit 鈥?the most an individual retiree can get 鈥?is $3,148 a month for someone who files for Social Security in 2021 at full retirement age, or FRA (the age at which you qualify for 100 percent of the benefit calculated from your earnings history).
How much will you get in Social Security benefits in 2017?
This calculator provides only an estimate of your benefits. The calculations use the 2017 FICA income limit of $127,200 with an annual maximum Social Security benefit of $32,244 per year ($2,687 per month) for a single person and 1.5 times this amount for a married couple.
How do I estimate my Social Security benefits?
Use this Social Security benefit calculator to estimate your amount of Social Security benefits. Remember, this is only an estimate. Actual benefits may vary depending on actual work history and income. Your current age. Age you desire to retire. Your total annual income. If you are married, this should not include your spouse’s income.