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Social Security Stuck in Time | Raleigh News
Social Security checks are supposed to keep up with inflation via the COLA, but the CPI-W index used to calculate it reflects the spending habits of working-age folks—not retirees. Since 2016, seniors have seen a 13.7% drop in buying power as healthcare costs rise faster than their raises. Advocates push for a more accurate index based on elderly spending, but it’s still labeled “experimental.” To protect your finances, consider inflation-beating investments and delaying benefits for larger payouts. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…
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