Senior Citizen Spending Spree to Fall Flat Due to Devastatingly Low COLAs?
Now that the economy is rebounding after the pandemic, seniors are expected to spend more money in two key areas. But what about the years of low COLAs?
2022 COLA Hike Might Not Be Enough
The 2022 COLA increase is predicted to be 4.5%. As it turns, out the increase might not be enough for seniors.
2022 COLA Estimate Revised Due to Inflation
Because of inflation, the new estimate for the 2022 Social Security COLA increase is even higher than what was initially predicted.
Don’t Miss Senior Discounts and Savings
There are plenty of senior discounts and savings that you can take advantage of to save money in retirement.
Has COVID Affected Social Security Trends?
New research shows that there are two certain areas where COVID-19 has not impacted Social Security trends.
Inflation Has Seniors Stressed About Monthly Income
With expenses on the rise due to inflation, many seniors are feeling stressed about the impact on their monthly budgets.
COVID-19 Concerns May Be Helping Retirement Savings
A new Fidelity analysis shows a boost to retirement savings thanks to concerns over the COVID-19 pandemic.
Still Waiting on Your Stimulus Check? File Your Tax Return
If you're still waiting on your third stimulus check, experts say you'll want to be sure to file your tax return as soon as possible.
Survey Shows Pandemic Derailed Retirement Planning
The past yeaffected retirement plans for many seniors, and it also altered plans for people who are still in the workforce.
Seniors Spent Less on Healthcare in 2020 Due to the Pandemic
A new survey found that the majority of seniors spent less on healthcare in 2020 due to the global pandemic. However, costs are starting to go back up.