Showing posts with label Manipulated Social Security COLA and Outrageous Healthcare and Insurance Costs are Destroying Retirees. Show all posts
Showing posts with label Manipulated Social Security COLA and Outrageous Healthcare and Insurance Costs are Destroying Retirees. Show all posts

Saturday, August 2, 2025

Retirees Being Destroyed | Social Security's 2026 Cost-of-Living Adjustment (COLA) Is Shaping Up to Be a Lose-Lose Scenario for Retirees

Title: Social Security's 2026 Cost-of-Living Adjustment (COLA) Is Shaping Up to Be a Lose-Lose Scenario for Retirees

Article Snip: "For most retired Americans, Social Security is more than just a monthly check. It represents a financial foundation that helps them make ends meet. ...CPI-W, shelter and medical care services inflation respectively hit 3.8% and 3.4% on a trailing-12-month basis, ended June 2025. As long as the prevailing rate of inflation for these two critical spending categories remains higher than the COLA beneficiaries receive, the purchasing power of a Social Security dollar seems destined to decline.

But this is just one of two ways retirees appear set to lose in 2026.

In addition to key expense categories rising at a brisk pace, the Medicare Part B premium is projected to soar ...

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Reference: www.fool.com