Broker Check

Financial Answer Center

Your Social Security Benefits

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:
Add to GooglePlus