You Can't Expect to Live on Social Security Alone -- Even if COLAs Become More Generous

Inflation is the sort of thing that tends to creep up on people -- at least most of the time. In recent years, it's been in everyone's face -- and has made it very difficult for working Americans and retirees alike to keep up with their bills.Thankfully, Social Security benefits, which many retirees rely on, are protected from inflation to some degree. That's because those benefits are eligible for an annual cost-of-living adjustment, or COLA.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool