I'm no expert on this, but I'd throw out the following tidbits of information that I've picked up from my own reading on the subject. Your max heartrate is genetically determined. In other words, it is what it is. It goes down a bit as you age, but if you're in good shape and train regularly, the decrease will likely be slight. The various methods of estimating your max HR are all rough at best. If you really want to know what it is, you must have it tested in a controlled environment, say at your gym, or do a field test. Even then, however, factors such as fatigue and hydration can affect your results. Aerobic training will not increase your max heart rate. What it will do is change your level of perceived exertion and allow to trainer harder and longer--assuming you have no underlying cardiac or pulminary problems.
I bought an HRM last year and have seen it go as high as 220 during a climb. This struck me as really high and a number of people--including some instructors at my gym--made the inaccurate comment that I must be in good shape. My shape, I explained, had nothing to do with it. In any event, at one point, I had plans to do a max heartrate test at my gym but after reading enough material suggesting that knowing the precise number isn't necessary for training purposes, I decided to forego it. Instead, I use my level of perceived exertion as a better guide to whether I am in the "zone" that I want to be in. I haven't been wearing my HRM this season but can say that I get far less out of my comfort zone on climbs/sprints than I used to and it takes me less time to recover from a hard effort.
Live with intention. Walk to the edge. Listen hard. Practice wellness. Play with abandon. Laugh. Choose with no regret. Continue to learn. Appreciate your friends. Do what you love. Live as if this is all there is.
--Mary Anne Radmacher