I agree with everything you say, and I can assure I am well set up for retirement now, even though it is decades away, even if the government took social security and my 401k, I could retire today and be quite comfortable. I am simply pointing out that the way cost of living increases are calculated is a con game. Those who do depend on COLA adjustments are being robbed,and this includes our soldiers and marines.
There’s this ....
The majority of [SS] enrollees will not face any increase because there is a “hold-harmless” provision in federal law that protects most people from Part B increases if there is no corollary cost-of-living increase in Social Security.
http://www.oann.com/cost-of-living-adjustment-is-what-needs-adjustment/