• BRANCHES/ATMs
  • APPLY FOR A LOAN
  • OPEN AN ACCOUNT
  • RATES
  • CONTACT US
Menu
  • Personal Banking
    • Close
    • Accounts
      • Certificates
      • Checking Accounts
      • Cub Account
      • Direct Deposit
      • Individual Retirement Accounts (IRAs)
      • Money Market Accounts
      • Savings Accounts
    • Online Services
      • Online Banking
      • Mobile Banking
      • AnytimeDeposit
      • Online Statements
      • Digital Wallets
      • Bill Pay
      • Debit Card
      • Telephone Banking
    • Loans
      • Vehicle Center
      • Home Equity Loans
      • Personal Loans
      • Credit Cards
      • Student Loans
      • Credit Reports and Credit Management
      • Payment Protection and GAP
      • Calculators
    • Mortgage Center
      • Apply Online
      • First Time Home Buyers
      • Home Advantage Program
      • Mortgage Options
      • Mortgage Refinancing
  • Business Banking
    • Close
    • Loans
      • Commercial Mortgages
      • Credit Cards
      • Lines of Credit
      • Medical Malpractice Premium Financing
      • Term Loans
    • Accounts
      • Checking Accounts
      • Savings Accounts
    • Treasury Management
      • Online Banking w/FREE Bill Pay
      • Mobile Banking with AnytimeDeposit
      • Merchant Services
      • Remote Deposit Capture
      • Treasury Tax & Loan Payment
  • Wealth Management
    • Close
    • Wealth Management
      • Financial Advisors
      • College Planning
      • Estate Planning
      • Insurance
      • Retirement Planning
    • Life Planning Center
      • Free White Papers
      • Investing for Retirement
      • Paying for College
      • More Topics
Back
Franklin Mint Federal Credit Union
Related Links
Find Someone To Help
  • Connect with a Financial Consultant
Free Quick Guides
  • Retirement Income
  • Individual Retirement Plans
  • Additional Guides
Your Financial Checklist
  • Create Checklist
Life Planning Center > Getting Ready To Retire / Retired
Your Social Security Benefits
  • Will You Qualify for Social Security Retirement Benefits?
  • When Can You Collect Full Social Security Retirement Benefits?
  • How Much Will You Collect?
  • What Can Your Spouse Expect to Receive?
  • What If You Want to Receive Social Security Retirement Benefits Early?
  • How Much Can You Earn without Reducing Your Benefits?
  • What If You Postpone Collecting Your Benefits?
  • How About Inflation and Social Security?
  • Will Your Social Security Benefits be Taxable?
  • Auditing Your Social Security Statement

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.

  • Connect with a Financial Consultant

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%.

  • Next
Share Article:
Add to Facebook Add to Twitter Add to LinkedIn Add to GooglePlus

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Franklin Mint Federal Credit Union and Mint Wealth Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Mint Wealth Advisors, and may also be employees of Franklin Mint Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Franklin Mint Federal Credit Union or Mint Wealth Advisors. Securities and insurance offered through LPL or its affiliates are:

Not NCUA Insuredor Any Other Government Agency No Credit Union Guarantee Not Credit Union Deposits May Lose Value

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: NJ, PA, NY, DE, AZ, MI, FL, MD, TX, VA, GA, NC.



Financial Learning Center content created by TrueBridge, Inc. The information provided is based upon sources and data believed to be accurate and reliable. The content contained herein is intended for information and illustrative purposes only, should not in any way be construed as a personal recommendation, and should be used in conjunction with individual professional advice.

Routing Number
231382306

Member Service Center
610-325-5100 (Local)
800-220-3193 (Outside PA)

Corporate Office
5 Hillman Drive, Suite 100
Chadds Ford, PA 19317-9998

  • PRODUCTS & SERVICES
    • Personal Banking
    • Business Banking
    • Online Services
    • Wealth Management
    • Insurance
    • Rates
    • Calculators
  • FMFCU INFO
    • About FMFCU
    • Business Partners
    • Careers At FMFCU
    • Choices Magazine
    • Community & Education
    • In The News
    • FMFCU Foundation
  • RESOURCES
    • Contact Us
    • Disclosures
    • Life Planning Center
    • Member Support
    • Privacy Policies
    • Refer A Friend
    • Security Center

Social Circle

Copyright © 2020 Truebridge, Inc.
All Rights Reserved