2015 Social Security COLA

The official announcement for 2015 Social Security COLA will come in October. With two out of three Consumer Price Index monthly numbers required for the calculation, I can estimate what it will come out to be. Inflation was still low so far this year, but it was higher than the previous year. According to the […]

Retiring Early: Effect On Social Security Benefits

Retiring early means lower average earnings for calculating Social Security benefits. However, once you reach the second bend point, you aren’t losing much. I provide a spreadsheet to help you calculate when you will reach the second bend point.