This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.

GeeWiz, how can we send billions to other countries and can’t fund our own Social Security…?

It doesn't matter how much the cost of living could be, ever time SS gives 20.00 dollars increase the rent gis up by 80.00 electric bill,gas bill not to mention car insurance!!! So how it's that 20.00 help anyone?? Totally BS!!

The first thing is to stop the Free Health Care for all in Congress .

Prices will never go down ever don't kid your self 💯

In 2019 we sold our house in Austin, Tx, made a good profit, and moved to my wifes Homeland, the Philippines. We had decided on where we were going to live, in a cooler area, and with our daughters and her husband, we found our home, out in the country. We paid cash and also bought a new Pickup Truck. I am glad we did when we did. Life here is cheaper, and more laid-back. We have found our little Paradise here.

It makes me so mad that we have all that money to send to Ukraine and not enough for seniors.

Yes we worked and paid into Social Security all our lives!

Don’t forget when cola comes so does the cost of Medicare. So cola is minus.

My wife and I are not in the majority of retirees. We are raising 2 grandkids, which forces us to use credit cards to pay for food and extra med expenses. We rent and rent has gone up 50% in 4 years. I do not know what grocery store prices have gone down but, the ones here are steadily going up. Same with gas prices.

Well, if social security runs out of money, we'll just go after the ones that have the money you're getting 4 times as much that we're getting from the govei mean, how's that Sound. And it should be stopped passing out so much money to the ones that are coming across the border. That's our tax money and our retirement money.

B/S. Prices go up 20 to 30% Beef, eggs, bread, taxes, electric bills, gas, bills, homeowners insurance, car insurance. Then that goes down 1/10 of one percent and they say inflations going down, BS

Funny how the CPI always drops every July-Sept.

YOU JUST PROVED THEY ARE LYING ABOUT THE INFLATION RATE....

The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.

Also, with the cola on everyone’s check once a year, Medicare takes more than half of the cost to raise our cost for the Medicare insurance so in reality we’re lucky to get to one and a half percent after they take money and raise our Medicare insurance

The Social Security retirees always get the shaft. Food, housing, and medical continues to increase though. Housing costs are over 5 percent but the cost-of-living increase is at 2.7 percent currently.

I applied for ss at 62. Get it asap before it is no more. 😮

The inflation is not going down it just didn't go UP as much. It still went up. Get it right. They seem to think seniors are stupid.

SS is the best program the government ever had. Retirees are a big voting block, don't make them mad.

I had a 4th grade teacher in 1979 who told us in class "You guys won't be able to retire"...I'm 55 now & I see she was right. Retirement isn't sustainable. It's a no can do....

My inflation is 40%, not 8%.

Insurance and taxes on our property.

The Government does this every year CPI goes down. They screw over retirees every year.

The prices are not going down for groceries they are going up where I live. The same for gasoline.

It always drops July, Aug and sept when they take those months to figure out social security increases. Then goes back up in October November.

What happens to the Social Security paid in when someone passes on their 65 or 67 Birthday? They never drew on that money so where does it go? Prob thousands passed before they ever signed up for benefits....

Doesn't really matter because regardless amount medicare premiums go up snap goes down

Just be a refugee brought to America you get the red carpet rolled out the best of everything I live on 1368 a month after working 47 years no easy jobs either constant lifting 4 hernias back problems carpol tunnel oh well I'm American I dont count my opinion

All I can say is vote!!!

I went to a supermarket in the town next to my hometown and all the cashiers were retirement age ....I 'm 74.

How is inflation going down??? When everything is overpriced. Rent , bills, insurance,gas and food.

This is way wrong economy is at its worst prices are high

What about those who can't work anymore because of disability .

I’m a veteran 73 years old. I live on a little over $1300 a month. That’s with my VA pension and social Security.

I moved to Mexico over 15 years to be able to afford housing and labor. 1600 sq ft home . Rent is $180 dollars a month. Shame I cannot afford to live in the U.S.

As the 3rd quarter approaches, inflation is always reported lower without regard to reality. This saves a broke and insolvent government a few bucks. Remember, SS is not a typical handout program and the recipients don't have much choice. Take what you get and be happy.

Prices will go down so they don't have to give seniors a cost of living raise!!!

We thought we were investing in a good home but they built monsters with our sacrifices instead. God bless everyone!

My husband's retirement amount is only $250.00 Mine is only $370.00 WE Have to work to survive. That's only amounts for food, lights, and water bills.

Need a 25% increase for direct SSI. Food etc is so high. Take it from Ukraine. We pay them 232 million every month to pay Ukraine citizens pensions. So not our problem.

My parents were on social security and raised me because my aunt was my guardian that was the only way they could take me but anyway we lived on a farm and we had hard pan or clay as part of our land the feedyard would pay them 25 cents per load and that is how they got some extra money we practically lived by using our farm and what we had on it the cows dad got them big enough took them to the butcher and came home with enough meat that we hardly had buy any meat same with chickens

Take money from the green deal . Students loan pay off . And E V money. The money is there . Take it .

food sure in the hell aint decreasing in price

Even homeless people can't live on Social Security retirement

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

House and auto insurance up 40%

If they cut SS benefits? It could lead to civil war? Many seniors might be the next generation of criminals? Why not cut the cost of living for the seniors and disabled with mandatory Rent Control laws nationwide. Mandatory senior discounts on groceries prices by 60% of their grocery bill. Repeal the taxation of Social Security benefits? Basically socialist policies in favor of disabled and senior citizens? Rent Control to limit how much Land lords can charge for rent to seniors depending on Social Security or any fixed incomes?

What did y’all expect after a global pandemic and all the aid given.. I’m an adult disabled survivor I don’t get welfare…. I’m maintaining.. and I Don’t live higher than my benefits.. my rent alone is $900 a month , plus utilities and food.. it is what it is but being I was born disabled I know how to live within my benefits.. I wish I had huddled housing but I don’t like being restricted .. do I have a small emergency fund? Yes.. how I save something out every check I get…no matter how small and I don’t touch it.. if I need groceries the last week of the month I can go buy it.. the average person doesn’t even have $500 in savings on these benefits.. but they gave you stimulus money.. but our checks didn’t stop… .. but millions lost their jobs, life,and homes, and we complain millions are worse off…. At least you still have benefits coming in.. idc about cola if it’s $10 I’ll Save $5.. and that’s just that… .. we can’t complain if the money wasn’t paid in while working or on SSi benefits because SSi is a need based program so being so it comes from the general fund not the ss fund there is big difference in how the two benefits are ran different.. there is nothing we can do.. we got all these SSi over payments somehow so until they resolve that no more money needs to be issued.. I think something positive will happen to ss but not immediately .. but think about it… not all of us on benefits live below poverty level .. even some survivors don’t.. I’m one of these folks, I don’t qualify for welfare benefits.. they cut my check ok but trust me there will be more that will qualify for the extra help .. so it’s going to cause a domino effect.. one way or the other.. they can either raise social security or put more into the general fund.. if not the homeless population will rise because those of us paying fair market rents will continue to have increases .. I’m living it now…. And with inflation comes rent increases..

Billions sent to Ukraine, no questions asked.

My space rent just went up by 9%. Still it is much lower than what most people are paying. Every time I go to Walmart to buy groceries I find that prices have increased on something that I usually buy. Car insurance has also gone up and my Medicare Supplemental also. All of this a pretty much the same time.

On the news we saw a school bus driver who is 94 years old. Mentally he seems pretty good but 94 and still working in the US. That’s wrong in so many ways. He said he worked his entire life.

The only thing retirees can do is move to a cheeper country. Thats what I'm doing.

Not true many Grandparents are raising grand children. Go to any t ball games and sports for minors you will be shocked at who has grand chldren.

You are giving excellent advice. People who retire have to understand that you’re not on vacation in retirement, when you’re on vacation you spend money like you do not care. You have to learn to live within your income that you have when you are retired not what you had when you were working.

Democrats, really have been Slapping Us in the Face...No help to Seniors at all.

RETIREES ARE IN TROUBLE, Fact: The first recipient of a social security check was in 1940. This person paid into the system for only 2 years and paid in a total of less than $25. She lived until 1975. In other words collected benefits for 35 years. 2 yrs of work and 35 yrs of leisure. It doesn't take a CPA to figure out this won't work. This program was absolutely doomed from the start!

CPI for food is a lie

This civilization is so screwed

Vacation?! I haven’t been on a vacation since 1983!

I don't know where all these BS financial quotes are coming from. The gov't gave us a 3% boost when the actual rate of inflation was actually 15% over just the previous year. Food prices have quadrupled in the last 4 years and now we're supposed to be overjoyed by a supposed 0.1% dip in the rate of inflation? Give us a break!!

Inflation is not subsiding

Our government is raking us in😢😢😢😢😢

It's all BS, give the seniors less, give Ukraine more.

The COLA needs to be frozen on all government entitlements until inflation comes down below 2%. This will be the quickest way to get a handle on inflation. This would go a long way to at least pay the interest on the National Debt.

It always does in July, August and September, convenientl, heh......that's the months they calculate COLA from!!!

I can tell you 😢what is happening for seniors 🎉 nothing

Inflation is our biggest enemy

Foods, home repairs (winds storms blew the roof of my garage) and maintenance, lawn care, appliance replacement, cleanings supplies, taking care of animals if you have one. I'm lucky to live within my means most of the time. I recently looked into moving to Sadelia, MO closing to my kids and it's extremely hard or nearly impossible. For a home that needed a need central air unit and new flooring, and refrigerator, I needed $36,000 for closing and down payment interest rate was almost doubled from 5 years ago. I better be still and be grateful, because I have a new roof now. Im good🧡

There's always offers to sign up for a Grocery card ( says everyone is qualified if your in ss) enter your zip code..... I did.....Try again in October. So that's false.... I get denied all the time.....

Food utilities gas still up.

Seniors need CPI-E to calculate cola for seniors. Medicare premium goes up yearly. Seniors really need this.

At 81 I must continue to work, and pray each day that the government does not move our social security money to the general fund so that they can give more money to other countries....

I say class action lawsuit against this government

We never had credit debt, never lived beyond our means., husband was a truck driver for 40 years and we saved and we are going through our savings. He just retired, his health is not good and

Same thing every year every year!!!!!

Thanks for sharing this information!

Prices Never go down longterm.

Better get my money that they took out of my check or there gonna be some real problems

It's NOT a Cost of Living Adjustment, they don't figure the raise by anything that a living costs! So the estimates, and cola raises are bogus.

I worked 50 years for my SSI retirement. Biden has SPENT SO MUCH that now my SSI is in jeopardy. FJB

I receive a combined SS and a local European version of that. I don't get the full SS amount as it was reduced by some $300 per month several years ago since I was combining it with my EU version. If I were to return to LA today, I would be living in a tent on the streets with money in my pocket to eat well. Where I live in Europe as one in retirement for the past 5 years, I have a nice small apartment with a balcony, in a quiet area, about 300m to the forest, can go on vacation, as well as save ca. 25% of my monthly retirement benefits. Not to forget, full medical coverage as well, prescription drugs at a cost of €7.10 per drug no matter what the official cost for the drug is. Been living in Europe for 30+ years. Have now lived on 4 continents in 6 countries and on an island.

As long as I'm receiving Social Security benefits I'm good. Any cost of living adjustment is good.

There wouldn't be so much problem with Social Security and be able to help the low income people and homeless and veterans make everyone pay their taxes like everyone else and you would have money and also don't give all money away to migrate and sending money to the war you the President and Congress needs to help the American people we don't have money for them so get the border wall closed

There are 2 things which indicates that the prices will only rise. 1. The National debt which can be only paid through taxes. 2. Reduction of reserve currency status.

When I retired in 2022 , I had over 13,000 and now I’m at under 2000. In my checking.. Not happy!

What I see is that I worked and had all of my credits reported all of my earnings and unfortunately when my mother passed away as well as my dad passed away there was nothing no 250 no nothing, if my mother hadn't been able to at the tail and receive what she should have been getting all along from The railroad retirement board and veterans widow's benefits I literally would not have been able to bury her how many millions of people out there are like that and are petrified and scared some have no one and some have those who they wish would wake up from their dream when you receive assistance they are literally are not supposed to tell you that they take 10% of your social security every check you get when worker accidentally didn't know that they weren't supposed to say that, well when they say the average retiree receives 1900 that must be in another galaxy because it certainly not this one I was getting at least 300 now they're taking 154 out of that so maybe I'll be able to each month enjoy a good meal and some milk coffee and bread

Fired Income😢😢😢SO SAD AMERICA,SOME GOT Billions not paying taxes...

Thankfully I'm not dependent on social security I'm retired at 56 Paid my dues for 30 years No debt Ultimate freedom I have essentials to pay Self sufficient A budget is a must Thank U for keeping us informed on these important matters

No one ever talks about why they are giving social security to people who never paid into it. This includes undocumented immigrants as well as people who claim to be disabled but only when it concerns getting a job.

Thank you. You get right to the point .

Figures don’t lie but liars figure!!🇺🇸🐻

My auto and home owners insurance has increased by 16 percent in the past 2 years without any claims or coverage request .Groceries across the board has increased app 5-7 percent in the past 12 months . Utilities averages out at 4 percent increase in last 12 months. What must be done and should have been done from day 1 is to follow a new basis and formula and be realistic in arriving at an annual COLA. I’m from the Midwest and located in the country . Check the data out ! Thanks!

Some come out of retirement at 67 because you can earn more without being penalized. The Government doesn’t want you to earn more than $22,000 from 62-67. Probably more advantages to getting Obamacare as cheap as possible anyways. Guess we can apply for Medicare at 65. No benefit to earn to much. Live on the cheap…Uncle Sam wants it that way. Thanks for your videos.

I was forced to retire several years ago. My private retirement money was stolen after about the time if my forced retirement, all that I have to survive on is social security. The maximum unemployment is roughly $3,700 a month, my monthly social security benefits are less than half that amount ! Something is drastically wrong with this country ! I don't know where these statics are coming from because the cost of living has increased 315% since January 1st to present day ! I cannot afford to go to the doctor or afford medication that I need ! I have had 9 heart attacks, how am I supposed to go back to work ?

That's lies prices are not going down..🤦🏿‍♀️

What completely sucks is the cap. At 63 I work a couple extra days to survive. But the cap keeps me at almost poverty level. The cap should be raised to at least 75k

If I could walk 🚶‍♂️ and see i would have not stopped working iam 72 nothing wrong with my brain

nothing is going down!

Our largest costs is food we own our home.. that and gas prices… food prices are still going up a can of coffee last weekend went up 2.00$ Luckily we have chickens for eggs …..but the feed for them have more than doubled