1. Retiring in 2017?

    Retiring in 2017?

    Welcome to retirement! It's time to refocus and start the next phase of your life. Whatever your retirement goals may be, we wish you well — but first, there are a few changes in Social Security that we would like to bring to your attention.

    First, the good news: you will receive a bit more money in 2017 than if you had retired in 2016. Thanks to slightly rising inflation over the past two years, there is a cost of living adjustment (COLA) of 0.3% for 2017. That adjusts the average monthly payments across all retired workers from $1,355 to $1,360 beginning in January.

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