"Maybe I'll go to the movies.......by myself!"
I just got notice my 2024 SS benefits will go up by $75/month. Wow! how am I going to spend that much extra cash??
I was not the best retirement saver, but at least I got out of debt before I retired, so our meager retirement income will go much further.
Our biggest expenses? Property taxes and medical. And those continue until we die.
I had things well planned for an easy retirement in Thailand, more than enough to live. But God gifted me a daughter. We moved to the USA to make her talk like an American. She is now 10 and a motormouth, making we think we did right.
But that involved getting a new residence in the US, putting her in a private school, and living with the current economy.
So far so good.
you can bet your property taxes will go up more than 3%.
I only get a relatively low figure SS payment. Turns out the medicare increase wipes out 3.2 % COLA so take home will stay about the same.
“Wow! how am I going to spend that much extra cash??”
Make a downpayment on your next foo shopping cart. Inflation is over.
Keep in mind Medicare will raise their price like they ALWAYS do when seniors get a COLA and you'll end up with about $20 extra!
$1 increase for Hubby. I think you have a lot more extra than we will. Good thing we planned for SS only to be a part of our retirement.
"Maybe I'll go to the movies.......by myself!"
But then they increased the Part B premium too.
“Our biggest expenses? Property taxes and medical. And those continue until we die.”
And.... those will continue to go up until you die.
Wouldn’t it be nice if Big Government actually rewarded or helped people save for their retirement?
Let’s face it. Government leftists couldn’t care less that the “”common folks”” are struggling. It happens every time these elitists are ‘in power’. It’s a pattern. A deliberately orchestrated pattern. And their intent has become more clear over the past decade.
To leftists, the more people dependent upon Government, the better. And human lives lost are merely collateral damage in the fulfillment of their agenda (Covid-19 fiasco).