Economy- HIGH Threat - as of Dec 5, 2024...You hear that? Inflation is so high that they’re revising it upward from two months ago
Good thing that Social Security recipients will receive an average inflationary raise of $20 - $30 per month, after their $10 increase in premium, of course. Federal government, always looking out for the average Joe. (Sarcasm off).
Remember...you have no choice to opt out of SS, it's a forced taking. Plan ahead so SS is NOT your only retirement income (it was never intended to be). I've known a few elderly folks that SS was there only income, it was not a good situation.
Agreed. Retired and have SS supplemented by a retirement pension and military disability pay. here in the Redoubt cost of living is low and our home here is completely paid off. Can’t conceive of carrying a large debt like a mortgage into retirement.