Retirement Starts Today Radio

If you are like many Americans who watch the news, inflation is probably on your mind. Since the Covid 19 pandemic began costs have been rising. We are still facing the effects of the supply chain breakdowns brought on by the pandemic in addition to extreme worldwide weather events.  These events have led to an increase in the price of goods on everything from fuel to food to lumber. This type of inflation can be stressful for the average working family but even more worrisome for those on the cusp of retirement.  Listen in to hear the latest Social Security news and learn how you can combat rising costs. Make sure to scroll down to the bottom of the show notes to access all the links mentioned in this episode.  Outline of This Episode [2:52] Good news about Social Security [4:26] How COLA is calculated [5:40] COLA may not be enough to keep up with inflation [9:28] What can we do to hedge for inflation? Recipients of Social Security are getting a raise If you are already retired and receiving your Social Se