Financial Answer Center
Financial Answer Center
>
Getting Ready To Retire / Retired
>
Your Social Security Benefits
>
How About Inflation and Social Security?
Your Social Security Benefits
- Will You Qualify for Social Security Retirement Benefits?
- When Can You Collect Full Social Security Retirement Benefits?
- How Much Will You Collect?
- What Can Your Spouse Expect to Receive?
- What If You Want to Receive Social Security Retirement Benefits Early?
- How Much Can You Earn without Reducing Your Benefits?
- What If You Postpone Collecting Your Benefits?
- How About Inflation and Social Security?
- Will Your Social Security Benefits be Taxable?
- Auditing Your Social Security Statement
How About Inflation and Social Security?
Your Social Security retirement check provides for an annual cost-of-living adjustment to keep pace with the Consumer Price Index.
For example, if you began receiving an annual Social Security retirement benefit of $6,000, your benefit would have increased to about $8,900, ten years later, assuming an average annual increase of 4%.
Share Article:
Investment and Insurance products are not products and services of Bank of Zachary. Content is informational only and is not FDIC insured.
Find Someone To Help
Free Quick Guides
Your Financial Checklist