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Social Security’s Gradually Declining Buying Power…And What You Can Do About It
The Motley Fool’s Maurie Backman, in a post on wcfcourier.com’s BUsiness page, highlights the 34% drop in buying power social Security beneficiaries have absorbed over the past 18 or so years, explaining the impact this has had on those reliant on this income. Her post goes on to illustrate what a firm savings plan can do to shore up one’s finances for retirement, with emphasis on starting early. Read her post here…
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