Latest / Inflation and Your Money with Fexingo: Protecting Purchasing Power and Beating Inflation
How Inflation Is Quietly Eating Your Social Security COLA
Episode 134 examines the growing gap between Social Security cost-of-living adjustments and actual retiree inflation. Using recent CPI data showing a slight dip in overall prices but persistent healthcare cost increases, Lucas and Luna explore why the COLA formula understates seniors' real expenses and share three actionable strategies to protect your benefits: delaying claiming, using I Bonds, and shifting to a healthcare-focused portfolio. Includes data from the Senior Citizens League showing a 30% loss in purchasing power since 2000.
#SocialSecurity #COLA #Inflation #RetireeInflation…
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