Inflation dictates the annual benefit adjustment, known as the COLA, for retired Americans. This year’s boost, which will be announced on Thursday, is expected to be big.
'True cost of aging' index shows many seniors can't afford basic necessities insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
The Elder Index, developed by researchers at the University of Massachusetts-Boston, shows that nearly 5 million older women living alone, 2 million older men living alone, and more than 2 million older couples have incomes that make them economically insecure.