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Retiring just on Social Security

Nov 25, 2025
In this insightful discussion, retiree James from Durham, North Carolina, shares his firsthand experience living on $1,200 monthly from Social Security. He highlights the stark reality faced by many retirees, with medical and housing costs continually rising. James reveals that even with Social Security, living comfortably is a challenge, pushing many older adults close to the poverty line. The talk also touches on national poverty statistics, illustrating the broader struggles of seniors in America.
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INSIGHT

CFPB's Humility Pledge Faces Skepticism

  • The CFPB will require examiners to recite a humility pledge focusing on consumers and avoiding duplicate oversight.
  • The pledge's practical impact is unclear amid agency clashes and halted exams.
INSIGHT

Vintage Retail Report Shows Price-Driven Spending

  • September's delayed retail sales report shows consumers are still spending, preventing a sharp downturn.
  • Spending growth is partly price-driven, with persistent inflation visible in PPI figures.
INSIGHT

Holiday Sales Boosted By Higher Prices

  • Early holiday shoppers are active, but higher prices account for much of sales gains.
  • Real volume growth lags because inflation raises the dollar value of purchases.
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