Social Security is a key lifeline for millions of retired Americans. As of January 2026, the average monthly salary is $2,071, according to the Social Security Administration, indicating that a meaningful number of seniors receive five-figure annual payouts from this crucial program every year (1). However, for some retirees, the monthly payouts can be far larger. In fact, in 2026, the maximum monthly payment is set at$5,251. Those who receive this monthly amount can expect a total payment of roughly $63 ...