Why Retirees Are Losing More Than They Think: The 2025 Social Security COLA Breakdown
Retirees across the United States eagerly await the annual cost-of-living adjustment that Social Security announces. COLAs are meant to keep abreast of inflation so that costs aren’t spinning out of control and seniors’ financial security is being eroded. However, a mere 2.5% COLA for 2025 is causing far more fear than enthusiasm. That may look…