Economic Uncertainty For Retirees: Social Security COLA 2025 And Inflation

Economic Uncertainty For Retirees: Social Security COLA 2025 And Inflation

Retirees across the country have had to deal with a challenging economic climate in recent years, marked by high inflation and fluctuating Social Security payouts. Although Social Security received an exceptional 8.7% cost-of-living adjustment (COLA) in 2023 the highest increase in the previous 40 years the respite was fleeting. Based on current statistics and estimates, … Read more