Social Security Checks: How Much Would Senator Lindsey Graham Get?

Mandatory Credit: Photo by Burhan Ozbilici/AP/Shutterstock (10068217c)Lindsay Graham.
Burhan Ozbilici/AP/Shutterstock / Burhan Ozbilici/AP/Shutterstock

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.

20 Years
Helping You Live Richer

Reviewed
by Experts

Trusted by
Millions of Readers

Republicans and Democrats have sparred over solutions regarding Social Security and Medicare for years, as the bureaucratic red tape of federal law is thick. One such advocate for Social Security change is Sen. Lindsey Graham, who has previously offered a stance that seniors should “take a little less” and “pay a little more,” as well as that the age of eligibility may have to be increased to address solvency issues.

As Graham is currently 69 and could collect Social Security benefits, if and how much he does could be seen as varying degrees of hypocrisy by some critics. You may be familiar with Graham’s thoughts about the program, but is it known whether or not he collects Social Security — and if so, how big his benefit payments are?

Does Senator Lindsey Graham Collect Social Security?

Although senators are required to file financial disclosure paperwork on an annual basis, it only provides the financial information in broad ranges, making it tough to determine precise figures. Given his staunch opposition to the current state of Social Security, one could reasonably assume that Graham has yet to collect Social Security. That assumption would be correct, according to his disclosures.

It has been reported that he and his sister relied on his parents’ Social Security benefits after they passed away in the late 1970s. A look at his financial disclosures for these years shows plenty of mutual fund and bank deposit assets, but no Social Security claims or other reportable earned and non-investment income.

Today's Top Offers

After serving as a U.S. Air Force defense attorney and prosecutor, then practicing law in South Carolina, Graham was elected to the House of Representatives in 1995. He served four terms before running for the Senate seat that had been occupied by Strom Thurmond in 2002 and has served as the senior U.S. senator from South Carolina since 2003. This gives him both political clout and high earning potential.

It’s possible that Graham has simply chosen to not draw benefits yet, though he could’ve when he turned 62. Perhaps he is waiting until later this year when he turns 70 to maximize his monthly benefit, which would most likely amount to the maximum (which is $5,108 in 2025) due to his net worth.

Graham’s Net Worth

Graham may be a controversial political figure, but that doesn’t seem to affect his finances overall. Here are a few key takeaways about his wealth and how he builds it:

  • Estimated net worth: $2 million
  • Current senator salary: $174,000 per year
  • According to his self-released tax returns, he earned a total of $2.1 million in income between 2008 and 2019.
  • Estimated Social Security check (if claimed): $5,108, as he has worked at least 35 years at maximum earnings, and if he waits to claim his benefits until he turns 70 on July 9, 2025.

Today's Top Offers

BEFORE YOU GO

See Today's Best
Banking Offers

Looks like you're using an adblocker

Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.

  • AdBlock / uBlock / Brave
    1. Click the ad blocker extension icon to the right of the address bar
    2. Disable on this site
    3. Refresh the page
  • Firefox / Edge / DuckDuckGo
    1. Click on the icon to the left of the address bar
    2. Disable Tracking Protection
    3. Refresh the page
  • Ghostery
    1. Click the blue ghost icon to the right of the address bar
    2. Disable Ad-Blocking, Anti-Tracking, and Never-Consent
    3. Refresh the page