Ask Terry Questions Need more income in retirement.

Need more income in retirement.

By Terry Savage on May 08, 2017 | Financial Planning / Retirement

I,m 74 with a self funded retired program ---- I am receiving Social Security ( $32,600) anyway to increase ?

Terry Says

Well, you can't "increase" your monthly Social Security check -- unless you get a COLA inflation adjustment.  But what kind of "self-funded retirement program" are you talking about?  Is it a 40l(k) or 403(b) plan from when you were working?  Where is it invested now?  If you write back and give me more details, maybe I can point you in the right direction.

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