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.
I Used to Think a 401(k) Was the Best Retirement Savings Tool. But Here Are 4 Issues to Know About.
When I first started working full-time, I didn't have access to a 401(k) through my job, and that annoyed me.
