These costs are taking a big bite out of retirees’ wallets. Social Security isn’t helping
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If you’re retired, you’ve probably noticed that costs keep going up.
Recent data from the Bureau of Labor Statistics show just which expenses could be taking the biggest bite out of your wallet.
One of the main culprits: health insurance, which surged 18.6% from August 2018 to August 2019. That’s second only to intercity bus fare, which went up 21.8% in the past year.
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