25 Most Important Things About Your Social Security

11. Your Social Security benefits amount is based on your earning history

Thanks to AIME, your Average Indexed Monthly Earnings, your wages will be adjusted for inflation. That means that your benefits will be equal to:
● 90% of AIME up to a certain income limit since this changes every year
● 32% of AIME between the first income limit and a second limit
● 32% of AIME above the second limit

See, we really mean it when we say you should aim to get a part-time job or a second gig. A higher-income = higher benefits.