By Mary Johnson, editor Will the 5.9% cost-of-living adjustment (COLA) be enough to meet rising costs in 2022?  Will Social Security recipients receive a big enough boost next year in order to afford groceries for the ...

In January, the Social Security checks of more than 69 million beneficiaries will rise by 5.9%.  That cost- of - living adjustment (COLA) will increase an average monthly retiree benefit of $1,565 by $92 per month — far ...

By Mary Johnson, editor Now that the Social Security Administration has confirmed that Social Security benefits will increase by 5.9% in January of 2022, what’s next?  Several factors play an important role in determi ...

Soaring inflation has deeply weakened the purchasing power of Social Security benefits in 2021, according to TSCL’s latest update on rising senior costs.  The study, which compares the growth in the Social Security cost- ...

Social Security recipients will receive a 5.9 % cost-of-living adjustment (COLA) effective January 2022 — the highest in 40 years.  The high COLA comes as more than 62 million retired and disabled Americans have spent mu ...

Most Look Forward to Boost; Low-Income Retirees Worry Benefits Could be Trimmed By Rick Delaney, Chairman of the Board We have been hearing from hundreds of you who are watching the inflation numbers and eagerly lo ...

By Mary Johnson, editor The Social Security cost-of-living adjustment (COLA) for next year is likely to be the highest seen by retirees since 1982.  Based on the most recent CPI data through August, I estimate that th ...

By Mary Johnson, editor Rapidly climbing prices for consumer goods and services are making financial choices for older adults especially challenging this year.  But eventually, these higher prices might mean a higher ...