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A $75 Social Safety Increase Sounds Good — Till You Take a look at What Inflation Is Doing

Social Safety’s 3.6% COLA will add about $75 to the typical retiree’s month-to-month profit in 2027. However power, hospital providers and automobile repairs are amongst bills at present rising sooner than that adjustment. AlexandrMusuc/Shutterstock An additional $75 in a month-to-month Social Safety examine seems like welcome information, particularly for retirees watching each greenback. That’s roughly …