Filed under: Retirement, Intel, Johnson & Johnson, Pepsico, Stock Picks, Chevron
For the first time since 2009, Social Security recipients will get an increase in their checks in 2012, thanks to the Cost of Living Adjustment process. The average Social Security check to a retiree in January is expected to be $1,229, a 3.6% COLA increase compared to the $1,186 it would have been without that hike.
As nice as it is to get any sort of raise, whether you're already receiving Social Security or you anticipate getting it someday, you need to ask yourself two key questions:
1....
How to Make Up for Social Security's Meager Raise originally appeared on DailyFinance.com on 2011-12-28T09:15:00Z.
