Costs have skyrocketed for retirees. Here’s why Social Security benefits aren’t keeping up

Costs have skyrocketed for retirees. Here’s why Social Security benefits aren’t keeping up

Don Bayley | Vetta | Getty Images

Retirees who feel their Social Security benefits aren’t stretching as far as they used to aren’t imagining it.

Retiree costs are going up at a rapid clip, and Social Security cost-of-living adjustments are not keeping up with those growing expenses, according to a recent report from The Senior Citizens League, a nonpartisan senior advocacy group.

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