In a perfect world, Social Security benefits would cover seniors’ expenses with money left over. However, as we’ve pointed out, low cost-of-living adjustments (COLAs) and high inflation have caused benefits to lose much of their purchasing power.
This shocking map from the Daily Mail covers how long benefits for married couples would last in some of the most expensive U.S. cities. In these locations, benefits would last less than 20 days. And for the city ranked at the top, benefits wouldn’t even last a week!
Such a situation shows how hard it is for retirees today to make ends meet, especially if they rely primarily or solely on Social Security. While your location does play a role in your living costs, we believe benefits should be high enough to help seniors live the retirement life they deserve. Will you help us to raise benefits together?
Help The Seniors Center Protect the Future of Social Security
The Seniors Center is committed to finding solutions to strengthen and protect the Social Security Trust Fund. Social Security is a contract between citizens and the government. Money deposited in the Trust Fund should only be used to pay benefits to eligible recipients.
The Seniors Center is demanding Congress finally put a stop to the careless borrowing and spending by greedy politicians that has put our Trust Fund and our secure retirement in jeopardy.
At The Seniors Center, our goal is to help seniors, and we’re doing that by protecting the future of Social Security. Retirees shouldn’t have to worry about losing their hard-earned benefits to taxes or the agendas of greedy politicians. If you agree, we invite you to sign our petition today! And follow The Seniors Center on Twitter and Facebook for more updates!