Social Security just announced an cost of living adjustment for retirees The COLA increase will be applied to benefits in January of That's the largest inflation adjustment since when it was Peter with Richon Planning explains to Erin Kennedy why this year's Cost of Living Adjustment or COLA is so high and whether this change should affect your claiming strategy If you'd like to speak with Peter to determine when you should claim Social Security Richon Planning actually specializes in running very personalized analyses to determine your most financially optimal strategy Please feel free to reach out for a complimentary
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