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Reply to "What is the maximum possible future SS payment?"
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[quote=Anonymous][quote=Anonymous]The max possible social security payment if you hit The earnings cap for 35 years and retired at age 67 in 2024 is 3,822. If you waited until 70 and had 35 years of max earnings it would be $4,873[/quote] +1. I am 54 and earn $250,000 per year. I hope to continue working until at least age 65 as I greatly enjoy my career. I recently checked my SS statement, and it said that my personalized monthly retirement benefit estimates would be (depending on the age when I start)(and assuming that I continue to earn at least $160,200 per year until the start of my benefits) -- $2,573 per month at age 62 (earliest possible start date) or $3,823 per month at age 67 (full retirement age) or $4,784 per month at age 70 If I were to die before my DH, then it looks like he would get a survivor's benefit of $3,653 per month (if I were to wait until age 67 to claim benefits).[/quote]
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