It’s a well-known fact that the COLA increase for SS is far, far behind what it should be right now if inflation for the last 20 years had been accurately calculated to real inflation, instead of the government’s carefully curated numbers used expressly to pay out as little as possible to retirees while still calling it a COLA. Yes, it’s an allowance; but no, it’s not close to bridging the true cost of living that inflation has inflicted over the last 20 years. Even the last 10 years would be a marked improvement over current numbers! Getting rid of the tax and spend (D)s, if this proves hopefully to be a continuing trend, will open up possibilities that were quite impossible with the (D)-party’s brainless approach to fiscal policy.
Saving for Retirement in a 401(k)? 3 Costly Mistakes You Could Be Making.
When it comes to saving for retirement, there's perhaps no easier tool to use than the 401(k). With a 401(k), your contributions are deducted from your paychecks automatically.
