The $1200/mo is NOT the maximum — I don’t know what the max is, but you can get at least twice that.
Really? I thought the most was around $1,400. I’ve never given Soc. Sec. much thought even though I should since I’m just five years away from being sixty-two. I always assumed from what I’ve been told all these years it was going broke.
I earn nowhere near the maximum income that can be taxed for SS (not Medicare tax). The statement I receive each year suggests my retirement income will be about $2200 if I retire at age 66 and about $2800 if I retire at age 70.
$1200 a month is possible if he started taking SS at age 62.
But something does not seem right. Maybe he ended his career at six figures say $120,000 but how much did he earn during his career.