Reported about 12 hours ago
Despite an expected 2.5% cost of living adjustment for 2025, many retirees, like 82-year-old Sherri Myers, feel this increase won't suffice to cover rising expenses and inflation's impacts on their savings. The anticipated adjustment contrasts sharply with prior years' larger increases, leaving many seniors concerned about their financial well-being as the Social Security program faces significant funding challenges.
Source: YAHOO