
827-How Quickly Will Social Security Run Out of Money?
Radical Personal Finance
00:00
The Powerful Benefits of Social Security
In 20 22, the social security cola adjustment is five point nine %, which is the biggest since 19 82. So for somebody who is a retiree, that five point nine% increase in income is really, really substantial. It's a big, big benefit. And especially given that that income increases and adjusts every year until death, that's a powerful benefit of social security.
Play episode from 41:56
Transcript


