Are You Eligible for the $3,895 Max Social Security Benefit?

Are You Eligible for the $3,895 Max Social Security Benefit?

The average retiree receives around $1,557 per month in benefits, according to the Social Security Administration. The maximum amount you can receive, however, is $3,895 per month. The Social Security Administration calculates your basic benefit amount by taking an average of your wages over the 35 highest-earning years of your career.