The Capitalist Investor - Episode 357

Even with a 2.8% COLA, many Social Security recipients are feeling the pinch. This video examines why the recent social security update doesn’t always feel like a raise, especially with the ongoing cost of living crisis affecting daily expenses. We’ll explore how inflation impacts essential goods and services, making it harder for retirees to manage their retirement income.

Chapters:
0:00 Why Your Social Security Raise Feels Wrong
1:43 Is $56/Month Actually Enough?
3:36 The Real Retirement Income Problem
5:01 What You Can Do About It
8:25 Is Social Security Broken?
12:18 The Only Way to Prepare


Keep Listening to The Capitalist Investor:
Episode 1:
Capitalism vs Socialism
Episode 3:
Impact of a Bernie Sanders Presidency
Episode 4:
Coronavirus, Pandemics, and Your Money
Episode 2:
Is the Stock Market Overvalued?
Episode 5:
What We Consider A Smart Investment Strategy, Ep #5
Episode 6:
Why Investing In IPOs Is Not A Good Idea, Ep #6
Episode 7:
How a Joe Biden Presidency Will Impact Your Portfolio, Ep #7
Episode 11:
The Student Loan Problem: Is Capitalism to Blame? Ep #11