A drill limit system includes a holder having drill stops removably coupled thereto and configured to receive a drill bit therethrough, and a platform coupled to the holder and configured to engage a tip end of the drill bits when received through the drill stops, wherein the holder and platform are movable relative to each other so that the position of the drill stops relative to the drill bits may be selectively varied. A method for attaching drill stops to a drill bit includes providing a holder and a platform movable relative to each other, the holder having a plurality of drill stops removably coupled thereto, inserting a plurality of drill bits through respective drill stops, moving the holder and platform relative to each other to select a desired height of the drill stops on the bits, and engaging the drill stops to the drill bits at the selected height.