Working Longer and Earning More Can Help Maximize Your Social Security Benefits

The maximum monthly Social Security benefit for those retiring at age 70 in 2023 is $4,873.

To get the maximum benefit, you'd need to work 35 years and earn above the Social Security wage cap each year.

The wage cap in 2023 is $168,600, so your income would've needed to exceed that (adjusted for past years).

Even if you don't get the absolute maximum, delaying until 70 grows your benefit 8% yearly after full retirement age.

Working longer, getting raises, or having side income can also boost your monthly Social Security benefit.