Social Security Announces Lowest Cost of Living Adjustment in Four Years

GUEST: Jenn Jones, VP of Government Affairs, AARP TOPIC: Each year the Social Security Administration announces the cost-of-living adjustment (COLA) for the upcoming year. Last week, leaders announced a 2.5% COLA for 2025. That is smaller than recent years – attributable to slowing inflation. COLA increases are meant to offset rising prices including food, gas and living expenses. This year, retirees on a fixed income have struggled to keep up with inflation and the 2025 COLA is expected to provide some relief. Get Your Complimentary Retirement Plan Today: RetirementResults.com/plan Call Retirement Results at 1-888-814-0304 Connect with Ford: [email protected] Listen to Previous Episodes: https://retirementresults.com/podcasts/ Subscribe to our YouTube Page: https://www.youtube.com/@RetirementResults About Retirement Results:Welcome to Retirement Results! Each week, Ford Stokes and his team of fiduciary advisors help educate pre-retirees, retirees and business owners on ways to better protect and grow their hard-earned money. With $34 Trillion in national debt and counting, Ford and many other economists believe that taxes are likely to increase in the future, affecting retirees for decades to come. Ford and his team will help you build a smart plan that is TAX-efficient, FEE-efficient and MARKET-efficient.

Retirement Results · Active Wealth Management