from24/7 Wall St.3 days agoAm I Really Getting Poorer Each Year With Raises Below Inflation?Losing buying power makes it harder for you to make ends meet. You won't have as much money left over after your discretionary spending is done, so you may not have as much to save.Retirement
Retirementfrom24/7 Wall St.5 days agoTruths Boomers Need to Face About Their Finances TodayBaby Boomers face reduced spending power in retirement due to potential Social Security cuts and inflation.The cost of living adjustments for Social Security are not reflective of retiree spending habits.