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5 Price Increases That Will Eat Away at Your Social Security Cost of Living Raise
Motley Fool via Daily Trade Alert ^ | 10/24/2021 | Christy Bieber, The Motley Fool

Posted on 10/24/2021 8:25:09 PM PDT by SeekAndFind

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1 posted on 10/24/2021 8:25:09 PM PDT by SeekAndFind
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To: SeekAndFind

Welcome to Bidenzula!


2 posted on 10/24/2021 8:25:51 PM PDT by MNJohnnie (They would have abandon leftism to achieve sanity. Freeper Olog-hai)
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To: SeekAndFind
The rising costs of five necessities could mean the COLA may not provide much extra buying power.

Further proof that half the population (and probably 90% of J-schoolers) are below the median IQ.

3 posted on 10/24/2021 8:31:06 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: SeekAndFind

Whatever COLA they get, it’s usually eaten up by higher Medicare premiums.


4 posted on 10/24/2021 8:31:30 PM PDT by virgil (The evil that men do lives after them )
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To: MNJohnnie

Repeat after me....Cost. Of. Living. Adjustment.


5 posted on 10/24/2021 8:32:00 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: SeekAndFind

This spreads to everyone. We got a 4% raise in June and still end up with a paycut.


6 posted on 10/24/2021 8:36:08 PM PDT by roving
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To: SeekAndFind

Gas alone up from $2.79 to $5.39 since the Biden regime was installed.
Good and restaurant prices rising very rapidly too. Prices not going up by just a couple percent. Some going up 25 percent some 50 and done even more.

And it’s only a few months into this new regime.


7 posted on 10/24/2021 8:44:03 PM PDT by faithhopecharity (“Politicians are not born. They’re excreted.” Marcus Tillius Cicero (106 to 43 BCE))
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To: All

Insurance premiums and prescription costs will do me in eventually. I’ll cut wood to heat with as long as my health holds out. A pox on Biden will be on my dying lips.


8 posted on 10/24/2021 8:51:00 PM PDT by BipolarBob (I had to change my homepage because it was embellished somewhat. Apologies to all.)
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To: SeekAndFind

I learned a few years back that your SS benefit can be temporarily lowered, in my case around $200 a month for 24 months ($4,800 by bye). My crime was reporting a large capital gain to the IRS. And yes I paid the federal and state income taxes on time and in full.


9 posted on 10/24/2021 8:53:31 PM PDT by SaxxonWoods (Arrest and charge Anthony Fauci. )
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To: SeekAndFind

Anybody known q good way to increase thermal insulation on windows? I used to buy plastic stuff to put on windows. Didn’t help much.


10 posted on 10/24/2021 9:08:38 PM PDT by NetAddicted ( Just looking)
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To: SeekAndFind

Number four is the one that concerns me the most. I already took care of number three by moving to a place where the “starting” property tax is absurdly low. 32 USABLE acres and a new house and large old barn, $248 a year. And after I added a 30x60 shop/office building, they jumped up to a whopping $435 a year. That’s fine.

But number four is not so fine. I put a wood burning stove in the new building (I have 26 acres of woods to supply it) but none in the house. It’s fairly small so I’m considering a “tent” wood stove with pipe running through a panel that replaces a top pane of one of the windows. Not to completely heat, but to augment. i.e. only use it when we are home and awake. And we’d only need it for a month or two when it gets really cold. We might get a bit warm in the summer though if we need to cut back on AC. But it would have to really go up to be that much of a problem. e.g. go up times six or ten with no offset in SS rate.


11 posted on 10/24/2021 9:17:22 PM PDT by cuban leaf (My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
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To: NetAddicted

did you use the shrink fit plastic and get a good airtight seal?


12 posted on 10/24/2021 9:23:34 PM PDT by Bob434
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and if we need to do any repairs to the house or rental unit- lumber is through the roof-


13 posted on 10/24/2021 9:24:50 PM PDT by Bob434
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To: SeekAndFind

We have a large upright freezer in our garage. Probably about 75% of the meat we buy is bought on sale. Actually it could be closer to 90%. I imagine the cost of the freezer has long since been covered by the savings from being able to stock ahead with food purchased on sale.

I’m sure we’re going to get creamed with homeowners insurance because the replacement cost of the house is going through the roof


14 posted on 10/24/2021 9:25:33 PM PDT by ChildOfThe60s (If you can remember the 60s.....you weren't really there..)
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To: NetAddicted

I’ve recently tried bubble wrap, applied
with double sided tape. Noticeable
difference.


15 posted on 10/24/2021 9:44:19 PM PDT by Lean-Right (Eat More Moose)
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To: SeekAndFind

When we retired we left ourselves a sizable cushion between monthly income and monthly outlay. As we get older and the gap narrows we’ll consolidate down to one house, two vehicles and one travel trailer. With no long-term debt we should be able to make it comfortably for the rest of our lives, as long as we don’t have hyperinflation. If we go full Weimer Republic then all bets are off.


16 posted on 10/24/2021 9:53:49 PM PDT by AlaskaErik (In time of peace, prepare for war.)
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To: SeekAndFind

And clothing and fuel.


17 posted on 10/24/2021 10:36:39 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: SeekAndFind

Inflation ranges from 10-42%. 5.9% is a couple of drops in the bucket. Make it 20% and now we are talking.


18 posted on 10/25/2021 12:23:38 AM PDT by Boomer (Leftism is a mental illness wrapped in a perverse ideology resulting in insanity. FJB)
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To: NetAddicted; Chode; All

For FUNCTIONALITY I use Foilfoam Board cut to fit each window inside the house.

Yes it will block out the light and vision.

Yes it will save massively on the Heating/Cooling Bills.

Yes many will call it: Tacky, Uncouth, Hillbilly; Butt Ugly, Etc.

Have some Artistic Kid paint some scenes on it like a Train exiting a tunnel, some Birds in a Tree, a Herd of Camels at an Oasis l, Etc.


19 posted on 10/25/2021 1:27:00 AM PDT by mabarker1 ((Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress !!!!)
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To: SeekAndFind

ha food has already shot up again, just checked prices compared to a week ago...lets go brandon..


20 posted on 10/25/2021 1:35:50 AM PDT by rolling_stone
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