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COLA 2020…A Long-Range Look Ahead

It might be a pointless exercise to gaze a year into the future, given the uncertainties swirling around the economy in h=general and the federal government in particular; nevertheless, The Motley Fool’s Sean Williams, in a post today on helenair.com, does just that. Citing depressed energy prices and a slumping housing market, Williams suggests that the 2019 2.8% bump is not likely to be repeated. Read his conjecture here…, but of course keep in mind that there’s a boatload of variables in play, and October is a long way off.

 

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Comments On This Topic

  1. Everybody keeps giving the advice of maximizing the Social Security benefit. Meanwhile, those who have less in retirement savings earn MORE than those who have additional savings to draw from. I put twice as much into SS as my sister yet I am earning $300 L:ESS than her each month because of my tax bracket. Plus, I am helping to support and adult daughter and cannot use her as a dependent on my tax returns. Something isn’t right here, something isn’t right!

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