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

[SES1066]

#6 Will be the income tax bite on the increase. Up to 85% of Social Security is taxable, so the LEFT hand always takes back from those not in poverty.

[DAC21]

I highly recommend a Vacuum Sealer for use when picking up meat / bulk grains on sale. I use it for ground coffee as well when buying a larger canister / bag.

Vacuum sealing really does extend meat in a freezer for a year or so. I used to have a Fresh Saver sealer which is the big name in the industry, but I caught a ridiculous sale on that unit which is rare. There are plenty of knock off brands that can be had for $30-40 on line.

[DAC21]

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

I have no idea what is going on at my local Stator Bros market in So Cal, but two days ago I went to pick up a short list and noticed that there bulk bacon in the Butcher shop was @ $10.99 a pound! I had never seen it going for more than $7.99 pound which IMO is high and I have since stopped buying it there. Just two years ago normal price was $5.99 a pound and often on sale for a dollar or two less. I have never bought Jimmy Dean Brand Bacon but I found some thick cut for $4.99 for 12oz works out to about $6.50 a pound) which I’m going to give a try this morning. Love Wrights brand from Sam’s Club but I shiver thinking what that has gone up to.

[BobL]

“I have no idea what is going on at my local Stator Bros market in So Cal...”

What I suspect is happening is that the latest set of ‘animal rights’ laws are getting priced-in to your meat, at least in California. I remember reading about how pigs now need a certain number of square feet of floor space each, and I’m sure there are plenty more laws.

And don’t forget the long-term plan, which is to rid the country of our ‘habit’ of eating red meat (except for the very wealthy, of course). They are SERIOUS about it and you’re just now starting to see their plan in action.

[iontheball]

Social ‘security’ ain’t never been so. It’s just another liberal scheme of bait and switch.

[rolling_stone]

yesterday my costco had no new york steak and rib eye at 17.99 a pound...

[USS Alaska]

Careful budgeting and shopping around will be needed to avoid losing ground, even with a large raise, at a time when costs are going up so rapidly on the very things most retirees tend to buy.

With some 'Tabasco and Chipolte' this provides variety in old folks diet.

[cymbeline]

“COLA may not provide much extra buying power”

COLA is not supposed to provide extra buying power.

[Disambiguator]

Heavy draperies or curtains over windows have insulation value.

[Lou L]

Anybody known q good way to increase thermal insulation on windows?

If they're old windows, and if you plan to stay in the house for several years, you're probably better off replacing.