🛡️ Small Social Security COLA increases hurt seniors | 10/08/24

Social Security benefits get a yearly cost-of-living adjustment (COLA). This helps keep up with inflation. Yet in recent years, the COLAs have been far smaller than has been expected by some cash-strapped seniors, given the skyrocketing cost of everything from food to housing.   [Main Logo Green Investings]( [Logo]( Social Security benefits get a yearly cost-of-living adjustment (COLA). This helps keep up with inflation. Yet in recent years, the COLAs have been far smaller than has been expected by some cash-strapped seniors, given the skyrocketing cost of everything from food to housing. Yet there is a way investors can supplement their incomes without relying on Social Security. [Learn more]( [Go here to find out more.]( The 2025 COLA isn't official yet. Yet the Senior Citizens League estimates the COLA this year would be a modest 2.63% increase. In January 2024, COLA payments increased by only 3.2%. These meager increases hit retirees particularly hard. They mean that people living on fixed incomes may not be able to keep pace with inflation, making everyday items too expensive for some people. In general, rising costs can have a disproportionate impact on retirees. Medical expenses often increase with age, straining limited budgets. Some face a reduced quality of life, with less money for leisure activities or travel. That’s why some older investors worried about the future are taking a close look at a new solution that could bolster their retirement finances. It’s a way to create a regular retirement income even if people have ZERO saved. Workers have gone from no savings to a regular income of up to $3,900 a month. And to top it off, every single penny drawn from this emergency retirement plan is 100% tax-free – and approved by the IRS. [Click here to find out more.]( Sincerely, [Signature] Roger Michalski Publisher, Retirement Watch [Click Here to Find Out More >]( --------------------------------------------------------------- This email has been sent to you by a third party on behalf of Eagle Financial Publications. You are receiving this email because you have previously opted in to receive communications from them. The list on which your email address appears is owned and operated by this third party. If you no longer wish to receive emails from this sender, you may opt out at any time by clicking on the unsubscribe link provided below or simply reply to this email with the word “UNSUBSCRIBE” Copyright: Eagle Products, LLC – a Salem Communications Holding Company. All rights reserved. 122 C Street NW, Suite 515, Washington, DC 20001 [Privacy Policy](. [Divider] Stark Media LLC 222 Delaware St, Ste 2071 New Castle, DE 19720. 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