How Much Will I Get From Social Security If I Make $100,000?

How Much Will I Get From Social Security If I Make $100,000?
How Much Will I Get From Social Security If I Make $100,000?  

It's kind of important to know how much income you can expect to collect from Social Security -- or at least to have a rough idea of it. After all, it probably won't be sufficient to support you comfortably on its own, so you'll need to know how much more income you'll have to set up for yourself with savings, investments, and so on.

Here's a look at how much you'll get from Social Security if you earn $100,000 annually. Why $100,000? Well, while an income for typical American households was recently around $50,000, plenty of households average closer to $100,000. As of 2017, for example, the median income for a household headed by someone with at least a bachelor's degree was $98,038 -- and that includes plenty of households featuring just one person.

Image source: Getty Images.

So here's how much folks making $100,000 annually might get from Social Security, along with how to find out what you can expect to reap from the program.

The shortcut -- for any income

Before focusing on those earning $100,000, he's how you can find out what you can expect to receive in retirement, no matter whether you earn $35,000 annually or $275,000: Go to the Social Security Administration (SSA) website and set up a "my Social Security" account. Doing so will let you see, at any time, the latest estimate of your eventual benefits, based on the SSA's record of your earnings. You can also examine that record, to make sure it's accurate -- because if it isn't, you may end up receiving less in benefits than you should. (Setting up an account is also a good idea because it can prevent identity theft and headaches, if you set up your account before a scammer does so for you, pretending to be you.)

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Social Security benefits for those earning $100,000

It's hard to offer any kind of definitive sum here, even with the precise income of $100,000, because your ultimate benefits will still depend on several factors, such as your age and when you start collecting your benefits, not to mention your history of earnings. (After all, you may be earning $100,000 annually now, but you might earn or have earned much more or less in other years.) Here's a rough idea, though, courtesy of an online calculator at

Data source:

Note that these sums reflect adjustments for inflation over the years.

Beef up your Social Security benefits

Whether you like the numbers above or you don't, know that there are ways to increase your Social Security benefits. For example:

The more you know about Social Security, the better decisions you can make related to it. And whatever your income, it's smart to know what to expect from retirement: It can help you plan and save more effectively for your future, and in the best scenario, it might help you realize that you can retire early.

The Motley Fool has a disclosure policy.


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