Are you on track for $ 4,194 in Social Security benefits in 2022? | Personal finance

Benefits can be claimed between 62 and 70, but if you hope to get that maximum check mentioned, you will have to wait to claim until age 70. Late filers get deferred retirement credits that increase their standard benefit to the highest level.

If you haven’t earned the inflation-adjusted equivalent of $ 147,000 for 35 years, you aren’t going to earn it in the future and you’re not going to wait until 70 to claim. social security, you are not on track for maximum benefit in 2022.

However, there are still steps you can take to try and increase your Social Security checks, such as waiting as long as possible to claim them and making sure you get your highest possible earnings over the 35 years that matter. when your service is fixed.

The $ 16,728 Social Security bonus that most retirees completely ignore

If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “social security secrets” could help boost your retirement income. For example: One simple tip could net you up to $ 16,728 more … every year! Once you learn how to maximize your Social Security benefits, we believe you can retire with confidence with the peace of mind we all seek. Just click here to find out how to learn more about these strategies..

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