Article Snip: "...a generation typically defined as those born between 1946 and 1964. And he believes his peers will be especially vulnerable.
“The boomers don’t have enough money to get through inflation. The boomers are going to be homeless all over the place,” he said. “So mark my words, I’m the first of the boomers. We’re going to get wiped out via inflation. Your mommy and daddy may be on the street because inflation is going to wipe out their Social Security.”
His concerns tap into a very real issue. While Social Security Administration benefits are adjusted annually for inflation, many experts note that these cost-of-living adjustments often fall short of the rising expenses older Americans face — especially for housing and health care. ..."
OPM Tells Agencies to Get Going on Processing Retirement Applications
-
Article Title: OPM Tells Agencies to Get Going on Processing Retirement
Applications Snippet of Article: "...OPM’s post-shutdown guidance to
agencies state...