Social Security begins to die: 2017 increase a measly $3.92

The typical retiree's monthly Social Security check will get only $3.92 bigger next year.

That amounts to an increase of just 0.3% -- the smallest ever put in place to help cover higher prices.

That's still an improvement from this year, when the lack of inflation kept benefits from increasing at all. The average retiree's monthly benefit is currently $1,305.30.

"This should be a red flag to everyone that this ponzy scheme is coming to an end. This is does not even cover inflation and when a government can't the cost of inflation start look out because new age limits and lower payments are just around the corner.

http://money.cnn.com/2016/10/18/retirement/social-security-benefits-cola/