One of the most popular retirement planning topics involves choosing when to retire. This crucial decision will impact your benefit amount.

With the 2027 COLA announcement coming soon, this is an important time for those nearing retirement. If the Cost-of-Living Adjustment hits a specific number, will that influence your decision on whether to take retirement? Some people are on the fence about their retirement date, but a high boost in benefits could be the deciding factor.

For those who were considering retirement before, the 2.8 percent increase of 2026 may have had an impact on their choice. Will the same be said for 2027? Let us know in the comments. You can also follow us on Facebook and Twitter for additional Social Security content covering the upcoming COLA and more. You can also help us raise the COLA by signing our petition.