Social Security recently announced a 2.0% cost of living adjustment (COLA) for the upcoming year of 2018.  This is a much higher increase than past years, thankfully.     It brings up the question of whether Social Security COLAs truly will help retirees keep up with future increases in costs. … [Read more...]

Perhaps you’ve heard that millions of Americans have created online accounts with the Social Security Administration called my Social Security accounts. But why do these accounts matter and what can they do for you? … [Read more...]

One of the most common questions people approaching retirement age have is “When should I claim my Social Security retirement benefits?”. In fact a new client recently asked me “No one in my family has lived past 80, so shouldn’t I claim my Social Security early in order to make sure I actually get to use it?” The timing of that decision can have an enormous impact on your financial situation in retirement, and I find that some of the advice given to people doesn’t show the full picture. When … [Read more...]