It’s never a nice feeling to miss out on something good — especially when it’s something you earned!
As we know, Social Security isn’t a handout or a gift. Retirees deserve what they’ve paid in adjusted for inflation. But the shortfalls of the program are well documented both by our own staff here at NORA and many other retirement experts.
Just how great is the loss? Specifically, how much money will the average retiree miss out on? Some projections peg the number at $5,800 annually. What could you do with those funds?
That could cover payments for a new car or two. It could buy plenty of groceries or cover a great trip. It could support a lot of investments, or pad a savings account nicely.
Retirees shouldn’t miss out on this, or one penny of what they’ve paid in for that matter. We fight for America’s seniors to get yearly cost-of-living adjustments (COLAs) based on inflation. Learn about our cause here, then follow us on Facebook and Twitter for updates about the mission and for more retirement news.