Social Security’s 2025 cost-of-living increase won’t be enough due to inflation, retirees say

Social Security’s 2025 cost-of-living increase won’t be enough due to inflation, retirees say

“Inflation has eaten up my savings,” she said. “I don’t have anything to fall back on—the cushion is gone.” So even with the anticipated increase she’s looking for work to supplement her retirement income, which consists of a small pension and her Social Security benefits. About 70.6 million Social Security recipients are expected to receive … Read more