Why Your Social Security Raise Feels Tiny

Heads up if you’re counting on Social Security: next year’s cost-of-living bump is shaping up to be the smallest in five years—just 2.4%. That’s barely enough to cover rising grocery and rent bills, even though inflation is cooling. The good news? Prescription drug costs aren’t climbing as fast, thanks to new rules. But don’t expect big changes from recent government orders just yet. Bottom line: plan for a modest benefit boost, and keep an eye on your budget! #SocialSecurity #MoneyTips #Retirement #Inflation #PersonalFinance #Finance