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Why Are Retirees Losing Ground on Social Security?

Christy Bieber’s main message in this piece is that people should prepare in advance for their benefits to provide less buying power over time.  The main culprit is that the formula used to calculate cost of living adjustments isn’t the most accurate reflection of what seniors actually buy.  Many of the items seniors purchase most have price increases far greater than the ordinary inflation rate.  Full article here.



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