A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
31004 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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This is heartbreaking. Inflation really kills people living off of savings. They can't hope for an increased salary to make up for rising prices. Changes to social security benefits will help a little, but with housing prices rising faster than inflation, it won't be enough. [@AlexCPoon](/user/profile/AlexCPoon) please try to check the economics feed sometimes it has been quiet for a while now.
This is heartbreaking. Inflation really kills people living off of savings. They can't hope for an increased salary to make up for rising prices. Changes to social security benefits will help a little, but with housing prices rising faster than inflation, it won't be enough. [@AlexCPoon](/user/profile/AlexCPoon) please try to check the economics feed sometimes it has been quiet for a while now.
The part that surprised me the most is that… “people who rely on traditional retirement income, such as Social Security, are having trouble affording the basic necessities. "You'll find that individuals are often coming up short by about $1,000 a month in order to meet their true needs.”
The part that surprised me the most is that… “people who rely on traditional retirement income, such as Social Security, are having trouble affording the basic necessities. "You'll find that individuals are often coming up short by about $1,000 a month in order to meet their true needs.”
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