On November 20, 2014, Financial Engines’ CIO, Christopher Jones sat down with USA TODAY to talk about the cost of living increase for Social Security, what it means, and what you can do to make it work for you.
Earlier in 2014, Financial Engines surveyed 1,000 retirees and pre-retirees, and it turns out, many Americans are unaware of their options when it comes to Social Security. We want to shed some light on this recent change, and help make financial planning more accessible to those saving for retirement.
For the 60% of retirees who rely on Social Security for over half of their retirement income, managing your benefits is essential, but is also one of the most complex financial decisions you might have to make. Try out our Social Security planner to create your personalized strategy. It’s at no cost to you, and could help you find a number of unclaimed benefits.