The Golden Years May Become Scary

When the Social Security Administration announced that for 2016, 2017, 2018, there would be NO “cost of living adjustment” (COLA) to retirement payments, many considered inflation was under control. The reason for no COLA is simple, and Congress sets the COLA based on the performance of the Consumer Price Index (CPI). The CPI failed to grow [...]

By |2020-04-15T23:48:12+00:00September 24th, 2019|Retirement Planning|