Retirement

Fixed income aint no joke

For the first time in a generation the Social Security monthly check will not increase next January, the victim of low inflation. This should not be a surprise to anyone, but wait. I can just see the critical response team at AARP figuring out to make the case for an exception – economic stimulus and all that you know. Hey, we can help people buy cars, why not food? I suspect the Medicare premium will increase and well it should as cost rise and financial trouble looms.

The hard reality of retirement as I a learning after only a year in this state is that the fixed income deal is real and if you plan on retiring…ever, you better figure a way to cope. As we now know you can’t even rely on your uncle any more.

Advertisements

Categories: Retirement

Tagged as: , ,

1 reply »

What's your opinion on this post? Readers would like your point of view.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s