One of the most popular retirement planning topics involves choosing when to retire.

This crucial decision will impact your benefit amount. While you have one chance to “undo” your decision, in most cases, people stick with it.

This means that your decision on when to take Social Security benefits will impact your overall payout. Now that the 2024 cost-of-living adjustment (COLA) has been announced, we want to know — does this impact your decision on when to retire?

For those who were considering retirement before, does this 3.2 percent increase impact your choice? Does it make you want to wait? Or are you ready to claim your benefits? Let us know in the comments. You can also follow us on Facebook and Twitter for additional Social Security content covering the 2024 COLA and more.