Average USA social security payment: $1,705 / month
Average Russia state pension payment: $236 / month
Add inflated rent with inflated food prices and our 75+ population, which average about 1000 a month are being asked to pay 2200 dollar average rents and 150 dollar a week grocery bills. They are usually on medicaid and medicare with food stamps. My dad, who passed away about 10 years ago, needed about an additional 1000 a month to make ends meet for over 7 years. That’s a 1000 a month that didn’t go into my retirement. The official federal inflation rates are about 20% of actual inflation. Just another number used to screw the working class by reducing the buying power of social security. Businesses got rid of pensions in the 80’s and 90’s with the 401K, putting your retirement in the stock market, which used to be considered the riskiest investment outside of a vegas crap game. Yet congress spent 1,700,000,000 more than it collected in 2023. And we keep electing these idiots. You can get thrown in jail for writing a bad check, but you get a life long pension and a special medical plan as a congressman. WTF.