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Small Social Security COLA increases hurt seniors

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theinvesthorizon.com

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main@community.theinvesthorizon.com

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Mon, Oct 7, 2024 07:08 PM

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A way to combat small COLA increase in 2024 October 07 ? URGENT: Do this to counter small COLA inc

A way to combat small COLA increase in 2024 [logo The invest Horizon]( October 07 [logo The invest Horizon]( [button view in browser](   URGENT: Do this to counter small COLA increases [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. [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. [Learn More]( 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]( Stark Media LLC 222 Delaware St, Ste 2071, New Castle, DE 19720 You are receiving this email from [theinvesthorizon.com]( which is part of Stark Media LLC. To stop receiving these emails, [click unsubscribe](. We highly value feedback and suggestions from our readers. Feel free to reach out to us support@theinvesthorizon.com. © 2024 Stark Media LLC. All rights reserved. Unauthorized reproduction, copying, or distribution of our content, in whole or in part, is strictly prohibited without written permission[.]( We respect your privacy and are committed to protecting your personal information. [terms-conditions]( [Privacy Policy]( [contact us button](mailto:support@theinvesthorizon.com?subject=) [logo The invest Horizon]( Stark Media LLC 222 Delaware St, Ste 2071, New Castle, DE 19720 You are receiving this email from [theinvesthorizon.com]( which is part of Stark Media LLC. To stop receiving these emails, [click unsubscribe](. We highly value feedback and suggestions from our readers. Feel free to reach out to us support@theinvesthorizon.com. [Privacy Policy]( | [Terms of Service]( We respect your privacy and are committed to protecting your personal information. © 2024 Stark Media LLC. All rights reserved. Unauthorized reproduction, copying, or distribution of our content, in whole or in part, is strictly prohibited without written permission.

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